Rising WedgeBook profits within the first 30 minutes of the market opening
- Try to exit by taking 9-10% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
Now, why do I prefer swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 3-4 days and the rest of the time they either consolidate or fall
CMP- 532
Target Price 580
Note:- I am not SEBI Registered This Trade is only educational Purpose
JINDRILL trade ideas
Jindal Drilling - Long Setup, Move is ON...#JINDRILL trading above Resistance of 356.35
Next Resistance is at 549
Support is at 234
Here is previous chart:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
JINDAL DRILL READY TO DRILL SOME RETURNS jindal drilling has been in consolidation of a very long cup and handle pattern also the resistance has been tested 4 times which make it easy to penetrate furthermore the stock can rally easily till the 666 levels in no time to complete the pattern . compiling it all leads to 666 as immediate target 1299 on longer ranger frame
JINDRILL - Ichimoku BreakoutStock Name - Jindal Drilling And Industries Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 409
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
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Jindal Drilling - Good times coming? A stock which has locked in gains for the next 2-3 years with all their rigs signing up for long term. As the rigs get deployed the stock will eventually breakout.
Long above 316 amd a further long abov 335.
Stoploss after the first buy would be below 300 and after the second buyy would be 315.
A breakout above 335 would be a darvas box breakout.
Jindal Drilling - Daily & Weekly Chart The chart analysed on :
- Triangle Pattern : trendline resistance breakout in pattern.
- Support & Resistance : price broken the multiyear resistance level and retested the level with bullish candle.
- EMA : above all key moving average of 20 , 50 and 200
- Volume : wait for surge
Target 20% ; Stop Loss 7%
Weekly Chart
Thanks
- AJ
Disclaimer _ The chart purpose for educational purpose only and consult your financial advisor for better investment decision.
8 Years Multiyear Breakout at JINDRILL8 Years #Multiyear #Breakout at #JINDRILL (Jindal Drilling & Industries Ltd) Weekly Chart. Its #Outperformed #Nifty.
BSE: 511034 / NSE : JINDRILL
ONLY FOR #educational
NOT SEBI REGISTERED. #LEARNEARN (TRUST YOURSELF)
#nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #Chartanalysis #headandshoulders #doubletop #doublebottom #parallelchannel #relativestrength
DISCLAIMER: I am not SEBI registered analyst. All posts are for educational purpose only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts reading.
Buy Today, Sell Tomorrow: JINDRILLDON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:00 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 5-7% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 3% or closing below the low of the breakout candle
The levels mentioned on the chart are calculated using the BREAKOUT INDICATOR
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
C&H Breakout in JINDRILL
Buy Today, Sell Tomorrow: JINDRILL
JINDRILL | Good for Long NSE:JINDRILL
Cmp : 224
Try on pullback near 218
#Study, Learn & Earn.
Disclaimer: All the information posting on this page are for the educational purpose only, we are not SEBI registered financial advisor. We wont recommend any BUY/SELL of stocks. Contact your financial advisor before taking any action.