JSL is in uptrend but hovering over the 10 SMA. There was a good entry on 19th Jan '22 as the breakout i.e 245 was crossed. Sold 1/2 quantity at 258 and trailing half quantity until the stock closes below the 10 MA in the Daily timeframe.
JSL Monthly Chart: Breakout awaited, a big CnH spotted. Holding tight in the recent turmoil.
- Ascending Triangle Breakout At Lower Levels Which Was first Breakout Level. - Expanding triangle formation and stock is breaking out of second breakout level.
Breakout-retest-continuation pattern is formed, Buy this at CMP of 255 for a target of 284-285. No need of stop loss as it is a fundamentally good stock which can be holded.
JINDAL STAINLESS STEEL as per Day chart analysis Stock Above 246 TARGET 250 Happy Profitable Trading to All...
This stock is at 52 weeks high. we have to consider this stock volume is also good
I bought Jindal steel @238 after breakout from trendline on weekly time frame...there was a 10% movie in 1 hour on 11:00 am candle. This is a channel pattern, expected to move high..lets see...capital employed is 10000 our sl will be around 15% and target will be 30%
Weekly Breakout Monthly Daily breakout Entry price 238 Exit price 204 Target price 335
JSL trading at good level, safe entry started for long opportunity in cash only for 2 months at least. Trade as per your setup.
JSL:- Cup and handle pattern shown in progress, keep on radar... Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful trades...
JSL 07 Dec 2022 Stock BO with huge volume on 06 Dec 2022, ATH is 224.40 In Play : HH : HL Summary - CMP 197.30 - TL BO confirmed - Volume Confirmed - ATH 224.40 Conclusion Long can be initiated with stop below 168 for potential target of 224-242-285(LT Target 320-351-382) Wish You Happy & safe trading Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own...
JINDAL STAINLESS STEEL as per Day Chart ABOVE 182 TARGET 187 Happy Profitable Trading to All....
Stock has given BO forming cup and handle pattern at weekly time frame and also Govt decision on export duty will also boom steel sector in long run...ATH may be seen very soon with supportive trendline.
JINDAL STAINLESS STEEL as Per day Chart Analysis Above 169 Target 174 Happy Profitable Trading to all....
JINDAL STAINLESS STEEL expecting to hit the target in few sessions most probably 02.11.2022 Happy Profitable Trading to All...
JINDAL STAINLESS STEEL as per day chart analysis Above 148 then Target 156 Happy Profitable Trading to all...
JSL near to breakout day chart double bottom. The last 7 days are bullish candle print. Daily trend chart with swing breakout possible. It it opens above 130 and sustain above 135 it will reach 154
JSL has given a breakout after a cup and handle formation. Excellent risk to reward trade opportunity.