JINDAL STEELSetting up very nicely. Looking forward to moving on Either way
This if for educational purposes. It is not recommended.
JINDALSTEL trade ideas
JSPL Chart Looks GoodJSPL Chart Pattern Looks like a rounding bottom + cup and handle pattern and is also close to a 52-week high.
Jindal Steel and Power
JINDAL STEEL WAIT FOR BREAKOUTin this stock price 5 time touch that trend line so now trend line is going to weak so we wait for proper breakout and if market open big gap down then we can't take trade.
Jindalstelnear to 52 week high , keep an eye on this scrip. could expect 800 in few months , place stop loss below 518.
Jindal Steel Ready For Downside NEW STUDY FOR PAPER TRADE
Future Sell/Put Side STUDY
JindalStell@560-577
TARGET:- 550/525/500/450/400
STOPLOSS:- 585
Only for Paper Trade And Education Purpose
Don't Real Trade
#Study Logic :
👉Monthly Supply Zone
👉Monthly Supply Zone Of Sector Also
👉RSI TRENDLINE RESISTANCE
Double top formation in weekly,daily chartWeekly and daily chart formed double top formation. Watch out for break out at any side. Watch steel index for trend prediction.
JindalSteel: Bullish Breakout ReadyNSE:JINDALSTEL is in Bullish breakout ready.
Overall Steel Shares are showing momemtum.
Reasons:
Rectangle breakout and sustaining the breakout.
Consecutive two days of high volume.
RSI based momentum is above 75 and constantly rising.
Trade: Buy above 568, SL: 560, T: 572/580
Sell below 540, SL: 550, T: 534/525.
JINDAL STEEL going to give good buy at 394jindal steel going to give good buy at 394, wait to enter.
targets and stoploss can be seen in chart can be seen in chart.
(all analysis based on elliot wave theory)
Jindal Steel & Power - Bullish Breakout
The stock has entered bullish Zone. Any shake out is a buying opportunity in coming week. SL - Below 512 weekly close.
Jindal Steel & PowerIf the stock succeeds in sustaining above
489, we can expect a quick move up to
516-518 and after that a daily closing above
519 can take it to 553-555.
SL 463.
Good volume seen for the last 5-6 days.
JindalsteelOn comparing RSI of the previous top and current top we saw a negative divergence is there if I am not wrong. Negative divergence is a sign of probable fall in the stock.
Probably in the upcoming week we saw some profit booking in the metals stock as well as in jindalsteel.
JindalsteelSupply zone is created in jindal steel and may be soon we saw a fall in jindal steel.It is only for education purpose may be i am wrong. Don't take trade on others advice.
JINDALSTELNSE:JINDALSTEL
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
JINDAL STEEL - DAY CHART - 14.11.22 - BAHAVAN CAPITALJINDAL STEEL posted on 12.11.2022 Buy ABOVE 503 TARGET 529 and on 14.11.2022 stock made a high 517 and closed at 515.
This stock in few sessions will hit the target.
Happy profitable Trading to all...
JINDAL STEEL - DAY CHART - 12.11.22 - BAHAVAN CAPITALJINDAL STEEL as per day chart analysis Stock ABOVE 503 TARGET 529
Happy Profitable Trading to all...
Jindal Steel BreakoutJindal Steel has broken out of Cup & Handle pattern with good Base and volume.
As long as stays abv 470
we can expect good rally
JINDAL STEEL - DAY CHART - 08.11.22 - BAHAVAN CAPITALJINDAL STEEL As per day chart Analysis Above 503 Target 529
Happy Profitable Trading to all....
LONG JINDALSTEELChart is self explanatory
Hold with Patience. One can enter around at CMP and average around 360
Disclaimer: This view is for only educational purpose. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
JINDAL STEEL AND POWER stronest stock in steel sector.Look at its chart it is bouncing storngly.
It has not declined compared to SAIL.
I have publised the chart of SAIL just now.
after 5 wave impulsive rise it has gone zigzag corection,
After high of just above 577 fell to sub 300 with in a span of two months,
after that it has been rising..
as long long as it has not risen five wave impulsively we can not say its uptrend has agin resumed.
But let us take the benefit of its uptrend.
If dollar cools down further we can see bounce in metal sector.
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JINDALSTEEL:- Super BULLISH MOVEMNTHere it is in its 3rd wave.. so a good time to buy it..First tgt 500. Secong tgt 520..Enjoy the trade
JSPL chart looks bullishAfter consolidating for the last two weeks, the stock has staged a range breakout above the September peak.
JINDAL STEEL - DAY CHART - 26.10.22 - BAHAVAN CAPITALJINDAL STEEL as per day chart analysis
Above 445 then Target 455
Happy Profitable Trading to all...
Flag pattern breakoutstock name Jindal steel, Time frame 15 minutes, Intraday long opportynity.
Flag pattern was formed in the chat aforementioned ,for the target of Rs 5.35 .
