JINDAL STEEL & PWR JINDALSTEL

TDXPRIME

it is respecting well the bullish flag pattern and as it is now bouncing off lower line of flag minimum target is 423 and once monthly candle closes above upper line of flag , target for long term will be 845 good luck

TradingSutra

The current structure suggests that after the completion of larger degree 4th wave correction , Jindal steel is rising in its 5th wave progression of impulsive move 12345. Of which we have seen a lower degree impulse wave consisting of 5-waves & post that we have also seen a three wave correction as ABC with C as an ending diagonal on lower time frame. As per...

Rehan_sharif

Jindal Steel was in down trend from a few days, but recently it formed a Doji candle with lower price rejection. And today it formed a bullish candle, these candlestick patterns indicate there could be a trend reversal. It is also taking support from 200 EMA of daily time frame. You can go long once it closes above 386/387 . It will be a good swing trade. Place...

FinancelY

JINDAL STEEL & POWER: Few key points to note: - Near the support & resistance trend line - At golden ratio of prior trend. - Waves counting are mentioned - Recently tested 200 EMA I expect a small bounce from this point for 420-430-447, but we don’t have any reversal signal yet. Once a bullish candle is formed at this level, we can long for the mentioned...

johntradingwick

Underlying logic: 1. The price gets rejected from a level repeatedly and forms a major resistance. 2. There is an initial test of supply which absorbs some pending orders 3. The price finds a bottom and some sort of accumulation happens. 4. After the accumulation, the price tries to move back up to retest the resistance level. 5. A bull trap is confirmed when...

MShree

Break Point at No Entry 310 Rs and more Target 1 :381 Rs Target 1 : 400 Rs

shripad03

Chart forming assyemtrical triange. Also Stock announced steller results. Can show 450/470/496 in short term.

shaktisinghc1

if jindal steel break green Line and Close with 1 mint candle it will give good move in down side but if market open with gap down dont buy before it if it open in channel and break the green line it will activate target is Blue Line

PratikBhosale97630

If JINDALSTEL hourly candle close below 442 then quit active bears.. And it's may complete wave B & start C wave.. Target of wave C is 400-420 zone RISK & REWARD is also good..

Wealth_Engr

Jindal Steel Left Eye Right Eye pattern Jindal Steel Left Eye Right Eye pattern

paddymajhi

45-degree rally with monthly/weekly trendline stock halt at 1st major resistance moving in descending triangle pattern with base 355 and given breakout at 403 now again taking good support of weekly support of trendline. buy - cmp - 415 stop loss - 400 target - 495 ,520 , 600 with trailing sl method

snayak42901

After a long bullish rally there is a small correction and now could go high form marked point

satenderarao

All My Discussion And Analysis Are For Educational Purpose And Future References. Please Kindly Ask Or Consult Your Financial Adviser Before Taking Any Investment Or Trading. Thanks //

avinash663

JINDALSTEL me ( inverse head and shoulders pattern ) type se bana hua hai aaj jase hi up market opne hota hao to bue jana hai

ChartsNovel

Bullish flag formations are found in stocks with strong uptrends and are considered good continuation patterns. They are called bull flags because the pattern resembles a flag on a pole. The pole is the result of a vertical rise in a stock and the flag results from a period of consolidation.

mukeshsatpute

jindal steel is goin to give booommmmm.it has gien brekout by double bottom pattern..it will reach its all time high...

Rehan_sharif

There is pattern in JINDALSTEL , which indicates accumulation rally and then accumulation this is a good sign of up-trending stocks . Let the price break the zone with good volume you can go long for intraday. Place a stop-loss slightly below the zone . Note : The other thing can happen too, if the price breaks the zone downwards with a domination of sellers you...

someone21

jindal steel looks strong near the decade long breakout region