JINDAL STEEL TOMMOROW CHART LEVELS for buy and sellsteel sector looking bearish tommorow, jindal steel sell below 420 for target 412 and next pivot and if market reverse then buy above 427 for target 434 and next pivot.
JINDALSTEL trade ideas
JINDAL STEEL TOMMOROW CHART LEVELSBUY ABOVE 440 FOT TARGET 446 , 452 AND SELL BELOW 434 FOR TARGET 428 AND 422
#Jindalstel cash : Looks good above 441 or around 430#Jindalstel cash -Positional call
17.05.2021
buy above 441
stoploss 427
Target 457-460/494
Cmp 435.50
Opportunity if missed!This stock gived breakout from channel pattern, was 20% up and retesting the trend line, will probably again go up.
Good trading opportunity according to me, use strict STOPLOSS.
JINDALSTEL ascending channel14/05/21
Stock: JINDALSTEL
CMP: 400
Transaction type: Add on dips till 380
Price: CMP
Target: 430, 450, 470, 490++
SL: BELOW 370
Currently trading in Ascending channel.
Note: Company has declared good result .
Stock has fallen quite a lot. Enter as per your own risk.
JINDALSTEL Breakdown on 12th May ExplanationJINDALSTEL was testing the support at the price range of 471 in 5 minutes candle chart. So it was expected if it goes down the support with heavy volume then it will continue the trend for long. It had a huge dip of more than 4%. It was great opportunity for shorting.
[Positional] JINDAL STEEL - Getting ready for new HighsJindal Steel has broke out from the consolidation region and retested back, sustaining those levels can ensure next upswing.
Steel sector is having a good time, so it is always better to go with sectors that are leading the market to new highs
JINDAL STEEL - WATCHOUT FOR 52WEEK HIGH BREAKOUTWatch out for 52WEEK HIGH breakout on Monday -
If it breaks Buy at 483-485 level, look at the target 500+,
maintain stop loss blow the RED TRENDLINE - (i.e. 474-472), and increase your stop loss when it goes up.
#stockmarket #poweroftechnicalanalysis #hopeforthebest #jindalsteel #breakout
Jindal Steel and Power about to go ballisticComing out of a multi year consolidation huge cause. Long 1/2 size position on this Weekly breakout potential.
JINDALSTEL - Monthly breakout Jindal steel has given a good monthly breakout. The Jindal steel has good strength to continue their further upside journey. So keep an eye.
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JINDALSTEEL & POWER SELL ZONE ?CMP 437
SELL IN PRZ 437 TO 444
FOR INTRADAY KEEP SL 456
FOR POSITIONAL KEEP SL 476
TARGETS
426/404/382
AGGRESSIVE TARGETS
367/350/336/308 ( FINAL TARGET)
JINDALSTEELAfter making an inside candle of Apr 1st week in Apr 2nd Week, 3rd Week's candle has broken high of Apr 1st week candle. Buy above 428-430 for short term trade. For Educational purpose only, Contact your financial advisor before entering any trade.
Jindal Steel - 1DResistance: 415.65, 427.15(DWM level), 447.85
Support: 388.35(Major), 374.45, 352.70
