LONG JINANSTEELBreakout happened tgt min 1000+ for long term do tsl once it reached 20%
sl 580 below
JINDALSTEL trade ideas
EXPECTED IMPORTANT DIRECTIONAL LEVELS FOR THE YEARHey Folks..!
I have marked all the important directional level for this year.
All the levels have the description, Bullish movements is expected in bullish range and Downside is expected in the bearish range.
Use the levels either Standalone or Club these levels with your existing trading style & strategy it will surely give you an edge.
If in case at any point of time JINDAL STEEL & POWER goes beyond these levels then i will either post additional levels in as an update or i will republish the idea with more levels.
Rules are simple , Short trades can work well in the Red / Bearish ranges whereas Long trades can work well in the Bullish ranges / Green ranges.
All the Best Folks ! Stay tuned for updates.
Jindal Steel & Power - 15 Yrs Breakout - Yes/No?
Monthly chart of Jindal Steel & Power shows high potential of a breakout from resistance level of 15 years. OBV shows massive accumulation in volumes with strong RSI levels.
Can be a very good BUY opportunity above 800 for potential gains in excess of 200% in long term and 50-60% in short term.
Mutual funds raised their stakes recently. Quarterly results are promising as well.
It Is Here.................................As i have shred on my previouss analysis @ 780 that it is a clear confirmation of breakout and here it is with another swewt jump of 80 points on the table ,, still great potentional open, Good to Go
trendline breakoutsmall trendline breakout but above volume ,weekly breakout tanget and stoploss around 5%
Jindal Steel and Power limited (EDUCATIONAL PURPOSE ONLY)There is no guarantee in stock market and Nothing over week
STOCK TO STUDY (EDUCATIONAL PURPOSE ONLY, NOT BUY OR SELL RECOMMENDATIONS)
Jindal Steel and Power limited
Target: RS 864
CMP: RS 822.85
ENTRY RANGE: 814-832
STOP LOSS: RS 755
Disclaimer: I am not Sebi Registered.
JINDALSTEL: Cup n Handle breakout – 9% upside potentialJINDALSTEL has formed Cup n Handle pattern and looking to breakout the resistance levels of 795-800 range. This is also it’s ATH resistance level. This is good long indication if the stock gives daily candle close above 800.
The immediate target is coming to 870.
However as this is looking to break more than 13 yrs old resistance level, this looks well poised for more upside in coming weeks/months.
SL: Daily close below 790.
JINDAL STEEL Jindal Steel looking good structure at Monthly Time Frame,, make a perfect curve & now breaking Out..
KEEP ON RADAR For Bigger Targets
JIndal steel & Power, 7871. Circular base formation of 14 years.
2. Anticipate breakout
3. do your research.
Buying options in JINDAL STEEL Certainly the stock has broken the resistance 1 and will show the upside trend...
Keep watch on this stock...
#Jindalstel cash : Looks good above 750 & weak below 730#Jindalstel cash -Positional call
13.02.2024
Looks weak below 730
Stoploss 746
Target 716/706/692
Strong reversal above 750.10
Stoploss 730
Tgt 788-790/840
Cmp 736
Jindal steel breakout after 14 YEARsJindal steel and power reached a high in July 2010 and till now it has not come close to it but now it seems that it can give a breakout in the coming time. As soon as it gives the breakout, a long trade can be initiated
JINDAL STEEL & POWER - Swing Trade - 6th February #stocksJINDAL STEEL & POWER (1W TF) - Swing Trade Analysis given on 6th Feb, 2024
Pattern: RECTANGLE BOX BREAKOUT
- Breakout - Done ✓
- Volume Spike at Resistance - Done ✓
- Retest & Consolidation - Done ✓
#stocks #swingtrade #chartanalysis #priceaction #traderyte #JINDALSTEL #stockmarket #sharemarket #viral #sharemarketindia #StockMarketindia #investment #stockstowatch
Ram Raj coming for investors. 14 Years of BREAKOUT.....14 YEARS of breakout,stock ready to shhot up.
------Breakout analysis in all frames..
-----.-Long Term ------
The 14 years of breakout is confirmed by the fact that stock completeda a perfect rounding bottom and resistance of all time made in 2010 , 14 Years ....
....... Medium to Short Term....
1) The RSI is currently at 63, which suggests that the stock is not overbought...
2) 3 Consective bullish candles---( Showing Strength )
3) The stock has closed above the resistance level for several days in a row.
4) The stock is also trading above its 50-day and 200-day moving averages. (Bullish sign)
Overall, the chart suggests a strong uptrend and could,wont be less than some 3 digits
As they say
"Bigger the Consolidation, the Bigger the Breakout"
14 years of long wait over......Ram Raj coming for Investors Breakout make sense in all frames..
-----.-Long Term ------
The 14 years of breakout is confirmed by the fact that stock completeda a perfect rounding bottom and resistance of all time made in 2010 , 14 Years ....
....... Medium to Short Term....
1) The RSI is currently at 63, which suggests that the stock is not overbought...
2) The stock has closed above the resistance level for several days in a row.
3) The stock is also trading above its 50-day and 200-day moving averages. (Bullish sign)
Overall, the chart suggests a strong uptrend and could,wont be less than some 3 digits
As they say
"Bigger the Consolidation, the Bigger the Breakout"
JINAL STEEL Upper Trend Breakout Looking Very Strong-upper trend breakout with high volume and also closed in strong zone
- rsi currently in lower side but expecting it to rise along with price
-keep in radar i am expecting decent return in mid term
Ready For Breakout After 14 years...Jindal Steel & Power Ltd is one of the India's leading steel producers with significant presence in sectors like mining and power generation. The group has global presence through subsidiaries, mainly in Australia, Botswana, Indonesia, Mauritius, Mozambique, Madagascar, Namibia, South Africa, Tanzania and Zambia.
Jindal Steel: Ready for another impulseSock has already concluded a complex corrective structure at 24-Jan'24 low of 688 zone and started bouncing back. This suggests that stock is likely to move towards it's resistance zone of 756-760 in the coming days. Breaking above the resistance zone will lead it towards 800-820 zone over the weeks ahead.
JINDALSTEL | CONSOLIDATION DONE | RR 1:2.5NSE:JINDALSTEL
A solid Symmetrical triangle formed & broken out with volume.
Triangles are periods of consolidation showing rangebound trading in the stock. Once a breakout occurs, there is a good move expected up to the pattern height of the pattern .
SL - 720
Entry - 750
Target - 825
RR - 2.5
Disclaimer : This is NOT a Trade recommendation
JINDAL STEEL Ready for an upside breakJindal Steel might be a good pick for swing and positional trades with a small stop loss
Entry at 730-733
Stop loss at 726.5 or 727
targets like 740, 745, 750-52, 760, 770++
Note: if any trade or value has gone from the place we decided to enter then thats not our trade wait for it to come back or let it go
I am not sebi registered this is my personal view
Consolidating at the 13 years Old ATHJINDALSTEL
+ Volatility & Volume Contraction
+ Trading above Key EMAs
+ Consolidating at the 13 years Old ATH
+ Look at Monthly TF for more clarity
JINDAL STEEL & POWER LTD - Positive Trend #JINDALSTEL
CMP ₹:744.85
Date: 04-01-2023
Technically looking good.
Disclaimer : Post only for educational purpose. Not a buying / selling recommendation. This is only my personal view. I am not a SEBI registered analyst . Do your own analysis and act accordingly .
