JINDALSTEL trade ideas
head and shoulder pattern in jindal steelu can see a head and shoulder pattern in jindal steel...u can sell jindal steel if it breaks down below 160 with the target of 140
Jindal power based on candle sticksi am new but i have seen it before and after many times of success in jindal steel and power i am posting this. This is only for educational purpise
thnak you and suggestions are welcomed
Jindal Steel Short Term DownI think Wave 2 has started. May end around 150-155.
Comments are welcome.
Jindal Steel and Power | Trade NiveshAt the level of Rs 165, its short term bottom has been created. If the stock stays above 168 rupees then this recent swing can reach Rs.191. "Possessional traders can now buy their shares after falling further to close to Rs. 170."
#JINDALSTEL CASH : LOOKS GOOD ONLY ABOVE 180.10#JINDALSTEL CASH - POSITIONAL CALL
29 APRIL 2019
LOOKS GOOD ABOVE 180.10
&DIPS 178-178.50
SL 175
TGT 184.50-185/190/195
CMP 175.3
Jindal steel - again from the metal sector after SAIL JSW Steel I am bullish on all the scripts from metal index.
Sail ,Jindal steel,JSW steel,tata steel.
All are trading above its weekly neck line which will act as good support for all.
Opportunity to short Jindal SteelTrade Idea: Short Jindal Steel below 174.5
Signals:
1) Price Rejection on break of highs
2) Swift move lower after testing new highs
3) Threatening to break pivot at 175
4) Moving Averages lined up to the head of the candle
For education purpose only
LONG JINDALSTEEL jindal steel charts shows inverted head and shoulder breakout, cup with handle pattern breakout, long term trendline breakout.
jindal steel postional buy close above 191 target 250.
add more on dips sl 160 .time duration -3 months
JIndalstel - Daily chart - for study purposeJIndalstel -
50% Retracement done today - 30 august 2018
61.8% and 78.6% marked in the chart - 230 and 248 respectively.
Respected 20 DMA after last U turn and bounced back from lower bands to upper band.
Bollinger bands have started expanding and stock is coming out of negative territory.
Looking good for 78.6% retracement in SEP series.
Jindal Steel : Seems Bullish for Short Term !Dear All Members at TradingView ,
Jindal Steel seems good for 220+ in Medium Term !
Entry : Above 183 Rs.
Targets : 187-193-205-220+ Rs.
Stop-Loss : 163 Rs.Or 169 Rs. on Closing Basis
Hope You will like My Idea ; Hit Like Button for Supporting & Comment your view in Comments Section .
Disclosure : I am not A SEBI Registered Technical Analyst !
Regards ,
Mohit Jangir (KBMJ)
Happy Trading !!!
