JINDALSTEL trade ideas
Short Jindalstel for a target of 164The stock is in bearish mode and expected to continue the same for coming days
Cup And Handle Pattern In Jindal SteelIts already Late. Breakout are already happened from the handle . But still it seems to be good potential Stock for short term target with minimum 10% return in a month.
Share your views on this. NSE:JINDALSTEL
JINDALSTEL_16/02/2020 Jindal steel & Power Price action INDICATE's SELL Position.
Analysis It First Then Think about what position is going to be next trading session.
Jindal Steel and PowerJindal Steel and Power:
CMP 174.70
Target : 191.20, 230+
SL: 160 close base.
Risk is yours and Reward is too yours
Jindal Steel RSI Divergence in Hourly ChartJindal Steel at a good position to short.RSI Divergence formed and the stock was not able to close above a crucial level of 200.
JINDALSTEEL & POWER : OFF LOAD/ SHORT ADAVANCE VIEWOFF LOAD THE STOCK IN RANGE 215
SHORT SELL AR 230 TO 235
KEEP SL FOR SHORT SELL AT 245
TARGETS 190
176
163
POSITIONAL
JINDALSTEEL ON LONG RUN ENTER ONLY ABOVE THE BREAKOUTBuy once weekly candle close price above 187, target of 283 on medium term for 2-3 mths...
Jindal Steel Trend Analysis & trade Setups !!TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Wait for entry setup, if available then Long/short.
R:R is 30 to 50 times.
JINDALSTEL Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
KEEP ON RADARRED LINE: LONG TERM TREND LINE RESISTANCE
BLUE LINE: HORIZONTAL SUPPORT LONG TERM
VIOLET LINES : SHORT TREM TREND LINES
