Having a plan of action before a stock you hold comes to a crucial point is essential. You have 3 decisions to make in ICICI Bank as it comes to LTH. All eyes will be on 960. I hope these rules help
There are sellers at 960 - if the stock moves there slowly it will get hit back - possibly all the way back to 940
Just like happened in ITC - we need to clear...
JINDAL STEEL Looking good for upside..
When it break level 588 and sustain.. it will go upside...
BUY@ 588
Target
1st 595
2nd 604
Enjoy trading traders.. Keep add this STOCK in your watch list..
Investor are welcome..
JINDALSTEL has given channel breakout at 566 resistance levels.
We can look for 600 and then 610 as immediate targets within a week timeframe.
SL: Hrly close below 578 levels.
Note: Looks good for medium term as well with trailing SL.
Jindal Steel Cmp 520 dated 26-5-2023
1. Morning Star Candle @ Support (Reversal
Candle)
2. RSI Reversal
Buy above 523 target 535-550-560-580 SL 500
It is just a view, please trade at your own risk.
both side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
follow risk management
do your own analysis
do workout
do meditation
start reading book
Jindalsteel Closing 589.05 with stop loss 560 then targets are 620-650-680+.
Buying Reason.
1 --> From the last three days Bullish Candle.
2 --> Play in the Range and make the "W" pattern.
3 --> Rsi is 53 ready to Bullish.
4 --> ADX is show the Bullish move and +DMI is rise.
5 --> Volume is the show the Ready to breakout.
6 --> Also Bollinger Bands...
Jindal Steel Cmp 553 dated 27-2-2023
1. Hammer Candle after 10 % correction.
Buy above 559 for target 570-585-599-610 SL 543
Disclaimer :
I am not a SEBI registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase...
A triangle chart pattern involves price moving into a tighter and tighter range as time goes by and provides a visual display of a battle between bulls and bears.
Script = Jindal Steel
Time Frame = 1 Day
A bullish engulfing pattern is a candlestick pattern that forms when a small black candlestick is followed the next day by a large white candlestick , the body of which completely overlaps or engulfs the body of the previous day’s candlestick .
Bullish engulfing patterns are more likely to signal reversals when they are preceded by four or more black candlesticks...
buy here for big target its only intraday trade
1 - good volume
2 - good chart pattern
3 - price action
4 - good rsi momentum
buy here with small SL for 600 target .
