JSWSteel - Volatility Contraction PatternStock currently in strong contraction
Post contraction resistance zones 975 & 1000
Supports at 950 & 930
As of now stock / sector / market all have bullish trends
Also stock making higher highs and higher lows
So expecting it to break and retest new trend line support before climbing higher
JSWSTEEL trade ideas
An Professional Out Look I have made detailed marking on the current pattern of the chart
which suggest the stock will take make deep downward move
One can look for Exiting their position once it makes near by high rally and look for trading
Futures
This is education content not an advisory
Good luck
#JSWSTEEL Primed for a Bull Run!🚀 Stock Alert: #JSWSTEEL Primed for a Bull Run! 🚀
📈 Golden Pre-Breakout Opportunity: Today’s session saw a solid candle with huge volume build-up, even as the overall market remains weak due to volatility. With Q2 earnings just out and looking strong, #JSWSTEEL presents a safer trade amid market fluctuations—just remember to keep a tight stop loss during these volatile conditions. This is a pre-breakout entry, making it a golden chance to get in early!
With #CNXMETAL showing momentum in metal stocks, #JSWSTEEL is positioned for a bullish trend. Now’s the best time to enter and capture the bull run ahead of retail traders, making it a solid candidate for a swing trade. 🔥
💡 Keep #JSWSTEEL on your radar for this potential breakout! 👀
Target: 1100-1200
Stop Loss: 953
Trade Risk Free Exit (20-30%): 1050
R/R Ratio: 2/3
📢 Disclaimer: This post is for educational purposes only. Always do your own research before making any investment decisions. 💼
#StockMarket #MetalStocks #Q2Earnings #PreBreakout #SwingTrade #InvestSmart
Channel breakout with strong bullish candle in JSW Steel(Hindi)NSE:JSWSTEEL A strong channel breakout with a big bullish candle has emerged in JSW Steel with strong volume support. 44 EMA is also about to cross the bullish candle reaffirming the bullish signal.
A SL of 945-947 with a target of ATH and above is recommended.
The rest of the video is explained in Hindi
JSW Steel Ltd view for Intraday 4th October #JSWSTEELJSW Steel Ltd view for Intraday 4th October #JSWSTEEL
Buying may witness above 1045
Support area 1020-1025. Below ignoring buying momentum for intraday
Selling may witness below 1019
Resistance area 1040-1045
Above ignoring selling momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
METAL $ECTOR ON THE RUN (JSW STEEL ) MONTHLY BREAKOUT JSWSTEEL 1000 OCT OPTION SCRIPT
MY PERSONAL TRADE FOR OCT
Range consolidations and breakouts with good volume are key concepts in technical analysis. Here’s a concise overview:
Range Consolidation
Definition: This occurs when a stock’s price moves within a narrow range, creating a horizontal pattern on the chart. It indicates a period of indecision in the market.
Identification: Look for a series of highs and lows that are relatively close to each other over a period of time. Technical indicators like Bollinger Bands can help identify these ranges.
Breakout
Definition: A breakout happens when the stock price moves outside its established range, either above the resistance level or below the support level.
Volume Confirmation: A breakout with high volume is more reliable. Increased volume indicates strong interest and can confirm the breakout’s validity.
Steps to Identify and Trade Breakouts
Identify the Range: Use historical price data to spot the consolidation range.
Set Alerts: Place alerts at the resistance and support levels.
Volume Analysis: Ensure the breakout is accompanied by a significant increase in volume.
Entry Point: Enter the trade when the price breaks out of the range with high volume.
Stop-Loss: Place a stop-loss just below the breakout point to manage risk.
JSW Steel channel consolidation breakout bullrunJSW steel has good move pending on higher levels. above 920 it can break the channel patten. Mostly bullish upmove possible. 760 is major support range below the channel breakdown it can give good fall till 400 which is more unrealistic. Expecting bull run in this stock. Jindal steel already given. JSW steel has pending move. Focus. Although this flag patten is slightly bearish pattern but now a days these pattern upper side breakout give rocket move too.
Keep this in mind. Options is a dangerous instrument to play. Please do not go wild on anything unless you know exactly what you doing. Even though your direction is right still you tend to loose in option buying. And market can always prove me wrong and i take that rights too. Experience traders also fail in this market. Only risk management will give you an edge. Don’t take any trades without SL. Respect the market, Ungli nahi katoge to pura hath katna padega. Beware.
DISCLAIMER: I AM NOT SEBI REGISTERED ANALYST. ALL POSTS ARE EDUCATIONAL PURPOSES.NON ADVISORY, DISCRETIONAL NO CLAIMS, RIGHTS RESERVED. I AM NOT RESPONSIBLE FOR YOUR PROFIT OR LOSS.
JSW SteeJSW Steel is in a strong uptrend, nearing the upper resistance of an ascending wedge pattern. With the price above key moving averages, a recent volume spike, and a bullish MACD crossover, momentum appears positive. For an optimal trade, consider an aggressive entry around ₹981-₹985 or a conservative entry near ₹945-₹955 on a pullback. Set a stop-loss below ₹940 to protect against trend reversal, and target ₹1,020 and ₹1,050 on the upside.
JSW STEEL LIMITED (EDUCATIONAL PURPOSE ONLY)There is no guarantee in Stock market and Nothing over week.
STOCK TO STUDY (EDUCATIONAL PURPOSE ONLY, NOT BUY OE SELL RECOMMENDATIONS)
JSW STEEL LIMITED
TARGET RS 980
CMP RS 932.80
ENTRY RANGE RS 922-945
STOP LOSS RS 910
Disclaimer: I am not Sebi Registered.
JSW STEEL 1HRINTRADAY TRADE
- EARN WITH ME DAILY 10K-20K –
JSW STEEL Looking good for Downside..
When it break level 898.50 and sustain.. it will go Downside...
SELL @ 898.50
Target
1st 894
2ND 890
FUTURE AND OPTION
JSWSTEEL AUG FUT – LOT 9 (Qty-6075)
JSWSTEEL AUG 3100 PE – LOT 9 (Qty-6075) – PRICE (32.85)
Enjoy trading traders.. Keep add this STOCK in your watch list..
Big Investor are welcome..
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JSW STEEL 1HThe chart shows a few support and resistance levels. There is a key support level at 894 INR. The stock has shown a tendency to rebound off this level. The key resistance level is near 917.50.
The stock has pulled back from the 61.8% Fibonacci retracement level and is currently trading near the 50% Fibonacci retracement level. This could be a good time to enter above 895 a long position, as the stock has shown some strength in recent days.
****Keep in mind that this is just technical analysis, and it doesn't guarantee future price movements. Always do your own research before making any investment decisions.
Breaking Out Above 2-Year Resistance Strong Uptrend Ahead!
-The stock is breaking out above a 2-year old rising resistance, signaling a strong upward move.
-Strong support around 837 levels with the 200 EMA and trend support. The breakout suggests a potential move towards 1000/1170 levels.
-RSI is at 59showing bullish momentum. MACD histogram is positive, supporting the breakout with bullish signals.
-Volume increase confirms strong buying interest and bullish sentiment, supporting the breakout scenario.
-The company has shown steady revenue growth and strong profit margins. Its solid balance sheet and effective cost management contribute to financial stability.
-A leading player in the steel industry, the company has a strong presence in the Indian market. Continuous innovation and expansion provide a competitive edge.
-The steel sector is experiencing robust growth driven by infrastructure development and industrial demand. The company is well-positioned to capitalize on these trends.
JSW Steel Ltd. (15% upside potential)
Sector: Iron & Steel
monthly & weekly structure bullish N showing strength
now as we can see Daily TF makes bullish n makes HH & HL pattern with strong RSI conversion and bollinger band support...
so long term investors may accumulate for 45-50% for 1000 target price
SWING trader may accumulate this for ALL TIME HIGH....
ATH , different HTF fib levels act as a major resistance levels with potential tp mitigate multi-month rising channel resistance line....