JINDAL STEEL & PWR NSE:​JINDALSTEL

Refer charts

If 30 min candle closes above 238.50 then buy 250 call option at Rs 4.60 for quick target for Rs 6-7. or Buy in cash for 12 rs quick target

Giving Weekly breakout if closing above 234 Near target would be 277, once it will cross 295 then it may move further up till 325-335

refer charts for levels

Triangle pattern breakout with a gap up from resistance -neck line indicating buy signal.

https://www.tradingview.com/x/ilSU3VPx/ After 3 contractions over a period of almost 3 months , price is up above the resistance zone which was also coinciding with the price around 200 MA. EPS has also increased for the past 4 quarters.

break out

Entry Strategy = Pivot Line but since it was a gap up, entered with orb 5 min break at 232.3 Stop Loss Strategy = PCL Exit Strategy = TSL Entered on 232.3 with a stop loss was at 228.1.

long goo

Can be bought at 234/228 SL 218 TGT 240

Jindal Steel has given a breakout and any close above 234 for 238-241-245.

JINDALSTEL Triangle Breakout Targets: 251,265,279,294 Support at 227

wait to retest its trend line long till profit target...

# 15-min chart B-OUT

NSE:JINDALSTEL Looking positive till 262 in near future.

#B-OUT#

breakout in jindalsteel

On the verge of breakout. Needs to give close above 232 for positional long. Educational purpose.