BulishLife time high @ 620 now in range bound, my stoploss is very clear only 770 upside sky is the limit
JSWSTEEL trade ideas
JSWSTEELWeekly Breakout after close / bounce off 50SMA
Weekly RSI > 60 and good volumes too
Monthly stock in All time high with RSI > 60
JSW Steel Cmp 732 Triangle BOJSW Steel Cmp 732 dated 7-6-2023
1. Triangle Pattern BO above 732
2. Chart is forming Inverted Head & Shoulder
Pattern.
Buy above 732 tgt 745-760-775-780 SL 708
It is just a view, please trade at your own risk.
JSW STEEL : Break Out on Monthly ChartBreak out Seen on monthly time frame on JSW Steel . The stock is going to make a new trend and thus provide us an opportunity to be a part of it. With a SL of Rs. 780 , the stock may hike to a level of Rs. 937 and above as shown in the chart.
The above study is not a tip to buy or sell the stock . It is the trend analysis of the stock.
Good Luck !!!
Inverted head and shoulder JSW STEELinverted head and shoulder pattern is formed in jsw steel.
Weekly timframe.
JSWSTEEL for LongI found good price action for up move in JSWSTEEL
#SwingTrading
#Breakout
#PriceAction
Disclaimer: This video is for educational purposes and not a recommendation. Analysis Posted here is just our view/personal study method on the stock. Do your own analysis or consult your financial advisor before making any investment decision.
STEEL SHOWING STRENGTH ON CHARTSIf you see the weekly charts of TATASTEEL (left) and JSWSTEEL (right) - both are now
testing the weekly trendline and getting ready for an upmove.
Kindly wait for a clear confirmation on both daily and weekly charts to take positions. For TATASTEEL we need closing above 115.75 and JSWSTEEL above 812.
Positional targets for TATASTEEL will be 123 and 130. JSWSTEEL targets will be 850, 900 and 940.
Please carry only on closing basis.
Learn & Earn,
Dr. Tanya Kumar
JSW Steel ..Multi Year Breakout
Breakout confirmed ✅.
Can head for a potential target of 1000 🎯 . Simple and clean setup for 🚀🚀
My Observations ✍️✍️
JSWSTEEL BREAKING OUT FROM F&P PATTERNjswsteel coming out from F&P pattern
good volume built up
educational idea only
JSWSTEEL JSW Steel, a leading steel producer, is showing promising signs in its bullish structure. With the recent price movements and trends, it appears to be on track to create a higher high. Investors and traders who closely monitor the stock may find potential opportunities for growth and profitability. Keeping an eye on JSW Steel's upward momentum could prove to be advantageous in capitalizing on its positive market performance.
Trade Idea on JSW STEEL!!NSE:JSWSTEEL breaking out on Weekly chart!!!
Let me know your views on JSW STEEL...
Do let me know your suggestions and Follow for more short videos on breakout stocks!!
Ready for Upmove_JSW SteelPerfect Retest after Big Breakout
1. Perfect set up for Long position
2. One can enter with R:R
3. Complex Inverted H&S
JSW STEEL TARGET 962JSW STEEL all-time high breakout with uptrend channel with bullish. Monthly and weekly breakout. It is broken the strong resistance of 788 monthly and weekly with above bullish. If it sustains above 811 in daily chart and sustains above 838 om weekly it will reach the target of 962
JSWSTEEL - Cup n Handle breakout - 30% upside potentialJSWSTEEL has given strong breakout above 775 resistance after 2 years of consolidation.
We can see Cup n handle pattern breakout as well.
Target: 895, 1030
SL: Daily candle close below 775
JSW STEEL - RESISTANCE BREAK!!!BUY - JSW STEEL LTD
CMP - Rs. 772
Target - 1: Rs. 900
Target - 2: Rs. 975
.
.
Technicals - Ascending Triangle BO
.
This is just a view by an expert analyst, please invest at your own risk.
.
Follow me for more!
JSW steel| 2 year resistance zone breakout with inverted H&S.JSW steel has been respecting a resistance zone around 780 levels from May 2021 and has finally given a break out.
Is stock going to carry the bullish movement or break out is fake out??
The stock has given a close above the levels on the weekly time frame and at the same time the gravestone doji is creating a confusion of stock gaining some positive momentum.
On the weekly charts, a clear inverted Head and shoulder pattern is there. It has been consolidating for last 3 weeks at the higher levels. A 'W' pattern is also there.
But the RSI indicator is losing strength as there is a bearish divergence in the stock.
The daily charts has respected the 20 ema and is consolidating in a box above the resistance zone. The stock is taking a halt at the higher levels.
The chances of a retest is high as the indicator predicts. It can be bought at the lower levels for a 20-25% ROI in 3-4 months.
Buying levels :- 773-780, 810
Target :- 970-1000
Time frame :- 3-4 months.
The stock has respected the zone many times and given a break out. It will retest the zone as there are multiple confluence i.e. fibonacci levels, fixed range volume profile, moving average.
Wait for the stock to retest and form a price action near the levels.
JWSNo comment
No comment
No comment
No comment
No comment
No comment
No comment
No comment
No comment
No comment
GREAT OPPORTUNITY 'JSW STEEL'forming a classic reverse head and shoulder pattern
target 1020
entry 780-800
stoploss 735
4r trade
manage quantity
and most important
follow the trend
JSW Steel - Daily Chart Consolidating after Breakout JSW Steel - Daily Chart Consolidating after Breakout
Supports 750/740
Target 10/15%
Good SWING trade oppurtunity in JSW STEEL with great R:RGood SWING trade oppurtunity in JSW STEEL with great R:R
entry- around 780-790
SL- 745
TARGET - T1- 900
T2- 940
On Daily candle closing basis
jsw steelas stock trade over ATH Structure is buy on dip .stock show good upside rally in a month. as target of -38.2% fibbo level
NOTE: for Education Purpose Only.
JSW STEEL 1HRJSW STEEL Looking good for upside..
When it break level 785 and sustain.. it will go upside...
BUY@ 785
Target
1st 791
2nd 799
Enjoy trading traders.. Keep add this STOCK in your watch list..
Investor are welcome..
