JSW Steel Analysis Stock has given BO on daily chart, but volume is not attractive, entry and exit as per levels, metal sector positive sentiment moved stocks up.
JSWSTEEL trade ideas
Looking Good - On a way to New LTHHi All...
Greetings!
Today I'm sharing you JSW Steel Weekly Chart. it has been seen that JSW Steel has been continuously taking resistance from 773 levels.
In last week of July 23 it finally gave a breakout and last 2 weeks of August it tested the same 773 level which will now work as a support.
I'm hoping JSW Steel will keep on making new LTH now....
Important Things
1. This is only for educational purposes only.
2. Never over trade.
3. Always keep Stop Loss.
4. Trade in limited quantity.
5. Taking a small loss is better than wiping up your whole capital.
I hope you found this idea helpful.
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Happy & Safe Trading
Disclaimer – These ideas shared by me to all are my personal analysis / views. Im not a SEBI registered technical analysis.
JSESTEEL Long Opportunity (Intraday)Price reacting from HTF DZ, We can go long as per FTF.
Trade at your own risk.
JSW steel- Looking good for short term IdeaBuy Around- 785-793
SL 775 on closing basis.
Target- 820, 825.
From there trail the SL, as it will try to make new 52 week high.
Note:-Only for educational purposes.
JSWSTEEL | Investment Pick📊 Details
JSW Steel is primarily engaged in the business of manufacture and sale of Iron and Steel Products.
The company aims to expand its crude steel capacity from 18 MnTPA in FY20 to 45 MnTPA within the next decade.
In 2021, the company completed the acquisition of BPSL and became the largest steel producer in India.
The company is the owner of single largest steel plant in India with a capacity of 12 MnTPA.
Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
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CAN $NSE:JSWSTEEL will Break 780Dear Followers,
As Per Technical Analysis Looks Like NSE:JSWSTEEL Entering into Bearish Zone. if Mention stocks Breaks Support Of 785-780 then Probably it will try to take support Near 770 level but due to weakness if its break this level also then we can see downfall momentum.
Levels To watch
Support 1- 770
Support 2- 740
Support 3- 720
Self Buying JSWSTEEL 770 PE Aug Near 5, Sl 3.50, Target 8.50,10,12 Time Frame 3-5 Days.
Investment Required - 6750
Maximum Loss - 2025
Profit Upto- 9450
mention levels are only for Educational Purpose.
Best regards
Ajay Metha
JSW STEEL BEARISH butterfly looking once react the PR zoneJSW STEEL BEARISH butterfly looking once react the PR zone
JSWSTEEL Ascending triangle breakout on weekly chart with good volumes, retested. RSI support at 60 levels..
Weekly Breakout - JSWSteelA candle with good volume has given a break out above the all time high level. Volume in weekly chart are very good. RSI is above 60 and has taken a support on 60 level as well showing good Momentum and strength. Monthly chart RSI is also strong. Looks good to go high
JSW STEEL ASCENDING TRIANGLE PATTERNPlease note this is for education purpose only. Please do own research before you take a trade.
Bearish Butterfly In JSWSTEELBearish Butterfly In JSWSTEEL
Sell PRZ - 808/812
SL - 826
Target - 761/746
JSWSTEEL BREAKOUTHi Jswsteel Shows Strong Volume Spike Means Buyers Activated & Box Breakout ( Range Break), Good For Short Term Investment..
JSWSTEEL BREAKOUTHi Jswsteel Shows Strong Volume Spike Means Buyers Activated & Box Breakout ( Range Break), Good For Short Term Investment..
JSW steel ready for big moveJSW Steel gave perfect breakout and retest. Currently in the perfect spot for long.
Steel on high !! Grab oneGPW:JSW
WHY JSW LOOKS GOOD ? Lets understand.
JW Steel became India's second largest private sector steel company.
The company aims to expand its crude steel capacity from 18 MnTPA in FY20 to 45 MnTPA within the next decade. The company is the owner of single largest steel plant in India with a capacity of 12 MnTPA.
Now looking at the technicals, couple of times stock was facing resistance around 780, it was since 2021. Now eventually after 2 years it has broken out that level, also it seems, stock has retested that level of 780 and is moving upwards. Though the stock is overpriced, I feel it should move upward as it is trading in ATH area with nearest support of 780-783. You can place small SL's around 770-765 and take profit as per your holding capacity.
Kindly note: All trades are for educational purpose, you should trade as per your own analysis.
JSW Steel For Swing this coming week we can expect JSW steel to break the resistance going up it also gives good RR
long position stock trading all time high level break.. accumulating new buyer.. above day high 820 we will see target of 1000
JSW Steel ready for wave 5Attached chart reference for JSW Steel Trendline support and rule of alternation also matched ready for some 800 levels
BulishLife time high @ 620 now in range bound, my stoploss is very clear only 770 upside sky is the limit
