JSW STEEL LTD Key highlights: 💡⚡ ✅On 15 MIN Time Frame Stock Showing Breakout of Bullish Flag Pattern. ✅Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 900+. ✅Can Go Long in this Stock by placing a stop loss below 848-.
A Perfect "W" pattern on 1 day time frame & neckline is at 738 if breaks then 764 target can be seen in coming days then to 747.
I've decided to close my position and lock in profits as the price has reached a key inflection level. I'll be keeping an eye out for a potential re-entry if the price dips back down to the lower trendline of the higher timeframe parallel channel. 📢📢📢 If my perspective changes or if I gather additional fundamental data that influences my views, I will provide...
jsw at the Resistance.Resistance has broken.retail buyers trapped.now it will fall
Date : 03-03-2024 Buy JSW Steel above 848 & 871 Target of 894-917-961-987-1009-1057 SL 806 Strategy : SBO + RSI > 60 + EMA above 20 & 50 Duration few Months Please consult your financial advisor before investing All research for educational purposes only.
JSW STEEL:Has formed a double bpttom and positive DEMA Crossover suggests a move towards 870+(For educational purpose only)
FUNDAMENTALS : 1. Qtrly Sales growing as compared to Sales in corresponding Qtr in P.Y. 2. OPM at 17% V/s 11% previous year 3. Caution : Price to Book value is High as compared to its peers Technical: 1. Price confirmed breakout and retest of Ascending Triangle on weekly chart. 2. Price Took support of trend line on weekly chart 3. 20 week SMA support at 810...
JSWSTEEL we missed the trednline breakout. But now we can focus on the flat patter breakout above 835 closing can lead to good 12-15% rally.
Jsw steel is ready for new highs Once cross 896 -900 Massive surges Traget 930+ Invest
Mention Information is only for Educational Purpose. Dear Traders, I hope this message finds you well. I wanted to share my view on JSW STEEl with you. I Think that this stock is about to give good brake out .Volume is also good Stock: JSW STEEL. Entry Point: triggered Stop Loss Point : 840 Target Point: 880,930,960 Please keep in mind that markets are...
Happy learning with trading. I just shared my view. If correct give me one like. If not, correct me. Points to Note: 1) parallel channel breakout POSSIBLE on weekly CHART time basis. 2) safe trader wait for trendline support area to enter long position around 770-780. 3) risk traders wait for CMP 815-820 if gap up opens. I just shared my view. Disclaimer: I am...
📊 Script: JSWSTEEL 📊 Sector: Steel 📊 Industry: Steel - Large Key highlights: 💡⚡ 📈 Script is trading near middle band of BB. 📈 MACD is giving crossover . 📈 Double Moving Averages will give crossover soon. 📈 Right now RSI is around 54. 📈 Stock is trading into narrow range which means consolidation which is highlighted into chart. 📈 Stock is trading between 794 to...
JSW steel has posted excellent results on daily charts , price is Bouncing from 200 day EMA on weekly charts -hamer formation at the previous breakout trendline target and SL marked
- The upper wedge line reached the maximum narrow area so, the price action moves to bottom line, which is also being narrow so, there is no space for rising further. Hence, the stock might come down. This analysis is for learning purpose only. It is just a view, please trade at your own risk. I'm not SEBI registered adviser.
I Observed these Levels based on price action and Demand & Supply which is My Own Concept Called "PENDAM CONCEPTS" ... Please Don't Take any trades based on this chart/Post...because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank Q
#JSWSteel DTF price touched support and reversing to bullish move. price forming HH, HL from Jun'22 (WTF) now it took support from long support line and closed with good green candle with ok volume. good for swing trade Entry - CMP Target - Previous resistance Stoploss - below support line
Share is in a bullish view, having a some insiders news ,bullishness continues after 847 rupee above.....T-1 @ 870 to 885 , T- 2 @930.