JINDALSTEL trade ideas
JINDAL Steel & Power - Long SideKeep an Eye for Weekly Breakout
Good volume
Third time closing above resistance.
Strong Move with volume supported
JINDALSTEL - AT BREAKOUT PRICE!#JINDALSTEL
BUY ABOVE 186.5
SL 100EMA
TGT 189.5/ 192.5/ 196
SELL BELOW LOWER TRENDLINE
SL 187
TGT 100EMA. 200EMA/ 169
jindalsteel short shorting oppurtunity in jindalsteel. since it is a strong channel formed in weekly time frame. expecting some downside move in upcoming days
Jindal steel on support stock can hit 180-200 in coming daysJindal steel on support stock can hit 180-200 in coming days
Jindal steel #Cup n Handle formation#...flagpresently flag formation in lower time frame keep it on radar above neckline breakout...means above todays high sustaining...SL as intra formation or !
Study JINDALSTEEL for IntradayJindal steel can be traded for Intraday!
I wont tell you this time how should you trade...
Study your own & let me know in the comment section or DM me so that I can know that you are learning!
Jindal steel - Why should I stay behindBuy from cmp to 161
2 consecutive 1 hr candles clbs sl 160.7
Buy as near as possible to 162
easy target 172
t2 - 180
positional short term target 191
Disclaimer : This is my personal analysis for study purpose not intended for trading
Bearish crossoverJindal Steel have Bearish crossover and make risng wedge pattern. sell below 158, target 140, sl 165
Possible short tradeStructural analysis for understanding.
Price rejected at Resistance level. Two immediate support as shown with green lines.
JINDAL STEEL TRADE SET UP and personal views I will look to sell the stock on a bounce from current levels in areas of 127 to 131 for 121 /114/110/100 targets
Jindal steel #Cup n Handle formation#jindal steel closing above 150 with volume can give confirmation of breakout positional delivery buying can be done in this counter keep it on radar
