JSL trade ideas
Jindal stainless - 70 levelCould come at 70 level and then it will bounce back to upper side it it break support then it can fall again at lower supply zone .what you think guys please tell us
JSL | Long trading opportunity - Looks good for almost 76%JSL | Long trading opportunity - Looks good for almost 76% - weekly chart and may take atleast few weeks to months to perform.
CMP : 74 (Dip till 70)
SL : 60
Target : 125
Almost 1:6 risk reward setup.
After breakout now retested the zone (Although the stock has fallen 9% today i see this as a retracement opportunity)
#JSL to test Upper trendline of channel#JSL Price moving in a parallel channel (brown lines) on a larger time frame. Will test the upper trendline of channel 120-133 zone.
Details in chart.
JSL Swing Trade Setup ||Price Is GodNever underestimate the power of PRICE ACTION.
#jsl #swingtradesetup #breakoutstocks
JSLStock Retested its previous breakout levels and bounced.
Small resistance at 60
Keep n eye an remain bullish till staying above 52
Jindal StainlessShort-term trendline, not yet at trendline (yellow) wait for a new low before entering.
JSL Stock View | Trade Nivesh Most metal shares were trading in the positive zone in Friday's morning session. Jindal Stainless (Hisar) (up 2.16 per cent), NMDC (up 1.94 per cent), Hindalco Industries (up 1.78 per cent) and National Aluminium Company (up 1.04 per cent) too were trading higher. JSL create buy volume at 38.85 again create strong buy 38.95 after that create very strong buy 39.20
jindal stainless shows a bullish reversalafter a long down trend jindal stainless is attempting to reverse the trend , on its previous two attempts in the near term it has failed but this time it has shown a strong bullish sign with a hammer candle following with the confirmation gap up bullish long candle , time to go for LONG in this stock
it also tries to form a head and shoulder pattern with the slope neckline. buy n hold till it shows some strongly bearish signs
