Multiple trend lines as resistance @jswsteelMultiple resistance from multiple trend lines.. JSW steel is trying hard to move up but getting rejected for the trend line resistance . watch for a breakout in intraday
JSWSTEEL trade ideas
JSWSTEEL SELL ? POSITIONAL SELL IN PRZ 402 TO 405
KEEPING 428 AS SL ON CLOSING BASIS
TARGETS 392/383/374/
AGGRESIVE TARGETS
366/352/343/326
JSWSTEEL - Rectangle & Trendline ObservationsRectangle forming on 2H Chart of JSWSTEEL. SELL below 391/389(safe) -> 385, 381-80.
If it finds a support than there is a breakout above 413-14. Confirm price and volume breakout/breakdown on lower TF Candles. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
JSW Steel Long!The analysis is given on the chart
Comment if you have any query and if you like my analysis, don't forget to press the like button.
I am not a SEBI registered investment advisor and hence do not follow my analysis blindly.
Be aware of what you are trading and the risk associated with it.
Stock market is risky and you can lose a lot of your capital.
Be wise and trade carefully!
Grateful!🙏
JSW is also long On the basis of PAtrade based on upport and resistance level i e PA based do analysis by your own watiching chart and marked levels
JSW STEEL - Near Profit booking zone at monthly time frameJSW STEEL - Market is approaching Profit booking zone after taken support from Ascending Triangle pattern resistance
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
JSW STEEL - RADAR -CHART #4 -20211. Above all moving averages (20/50/200 EMA).
2. Facing resistance around 392-396 rs zone.
3.All time high is close by, however the buying in the last month happened around 370 rs.
4. Wait and watch stock.
JSWSTEEL Swing Trade, Price is GODKEEP CHARTS AS SIMPLE AS POSSIBLE, THEN AUTOMATICALLY CHARTS WILL TALK WITH US :)
As i mentioned in the charts, the reasons to trade this scrip was higher high breakout.
My entry would be cmp and SL: 365
#jswsteel #swingtrade setup
#JSWSTEEL CASH : Looks good above 364.05#Jswsteel cash
22.12.2020
Looks good above 364.05 for Target 369-370/376/384
Stoploss 359
CMP 360.5
Jswsteel..Parallel channel breakout & Retest at support level🎯-----------------------🙏🙏NAMASKAR 🙏🙏-----------------------------
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⭕ Day Trading opportunity ! min Chart Alert !!! ⭕
--Bought above =358 or CMP
--Target = 385
--Stop-loss =352
--Lot Size = 2700
--R:R = 4.36
--Expected Profit = 72,000 ₹ per lot ( 7.47 % )
--Expected Holding = 5-15 day only
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⭕ Technical Reasons to trade or Strategy applied :- ⭕
1) bearish parallel channel breakout
2) after breakout , retracement happened at support zone
3) perfect area to buy
4) steel sector is performing good with huge volumes
Guys check out the related ideas as well, it worked really well GUARANTEED !
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✍COMMENT Below your view !
JWSSteel Long1)Formed Descending triangle in
a rising channel.
2)Formed a Hammer pattern in Daily.
Expecting a reverssal and Breakout.
Long Above 373 can give
383/391/402
