JINDALSTEL trade ideas
#JINDALSTEL CASH : GO LONG AROUND 165-175#JINDALSTEL CASH - LONG POSITIONAL
23.09.2020
GO LONG AROUND 165-175
STOPLOSS 150
TARGET 220/280
CMP 174
ELLIOT WAVE ANALYSIS!!DOWNTREND is started,it will make three waves, 2 waves up & medial wave down as a correction !
Then it has chances to follow the down trend!
This analysis is for EDUCATIONAL & INTELLIGENCE pourpose,trade at your own risk!
JINDALSTEL wait for retrace and then take entry after breakdownJINDALSTEL wait for retrace and then take entry after breakdown
JINDAL STEEL does the TIDE turn backJindal steel ..... had a good move from 60 levels to 240 level in 5 months.
Does this strong up move reversed.
Sustainable above red line says yes otherwise. SAY GOODBYE.
YOUR HUMBLE TRADER
Kiran
Jindal steel and power -Short term positional on hourly chartJindal steel looks buy for short term positional once it breaks the levels as highlighted in chart
Jindalstel elliot wave study.It is completed wave three and forming wave four and bounce back from four to create wave five?
[Positional] Jindal Steel Short IdeaI already hold a short. I am thinking to overlot if the neckline breaks.
Nexkline = This area acted as a resistance once. Now acting as support.
JINDAL STEEL ANALYSIS 02.09.2020BUY 218 TO 215
TARGET 223 TO 236
IT IS FORMED BULLISH ENGULF PATTERN.SO IT IS IN POSITIVE MODE . IT SHOWS BUYERS ARE IN CONTROL.
JINDALSTEL - SHORTThat's a tight hug. Will JI(NDALSTE)L come tumbling after? Looks like the bulls are engulfed.
BULLISH ABOVE 202 203 CLOSING BASISWaiting for Close above 202-203
Long Position with a stop loss on closing basis 194
