JSW steel - ready to fly6 months old Trendline Breakout with Volume
Also Double Bottom Breakout
Enter above 683.5/684
T1/T2/T3 = 687/695/702
687 is minor resistance.
SL 676 for Intraday.
Good for Short term if closes above 688 for the day.
Disclaimer: I am not SEBI registered. Contact your financial advisor before taking any trades.
Follow Risk Management.
JSWSTEEL trade ideas
JSW Steel Cmp 702 dated 4-11-2022 Triple TOP & W PatternJSW Steel Cmp 702 dated 4-11-2022
1. Triple Top Made @ 701
2. W Pattern on chart
Sustaining & giving Breakout above
this level will take stock to
725-740-760-785 SL 675
Disclaimer :
I am not a Sebi registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, pls trade at your own risk.
JSWSTEEL LEVELS FOR MONDAY - 24-10-2022Important JSWSTEEL Levels ( Support & Resistance ) for Monday Market- 24-10-2022.
Disclaimer:
I am not SEBI Registered Analyst, This Channel Videos are 100% Education Purpose Only, Myself or my Channel Not Responsible for Your Profit/Loss, Please consult Your Financial Advisor before trading/investing on share market.
JSW STEEL ANALYSIS ON DAILY TIME FRAMEGood Evening everyone,
JSW STEEL on a Daily time frame formed a triple top pattern. The last one is all time high.
-->After creating all time high came down directly and broke the last low before ATH (Horizontal Arrow)
-->Observe the price action after that , Price hardly managed to go to 0.618 Fib level (shown on chart)
->Got rejected from that level and formed a lower low & lower high.
-->Now this setup looks good for selling with all these confirmations.
If there is any small retracement and price came back to 657 -660 levels we can short with a SL of just 30 rs.
-->Those who trade options may plan accordingly stop loss levels will be same (690 levels).
Managing the trade:
If the trade goes in our way
*Exit half Quantity @1:1 Risk/Reward Target and Shift to SL to cost
*Exit Half of the remaining with 1:1.5 or 1:2 Risk/Reward (by looking at momentum) and trail the SL.
*Exit remaining with trailing Stop loss.
*SECURING THE TRADE AND PROTECTING THE CAPITAL SHOULD BE YOUR FIRST PRIORITY.
*NOT A SUGGESTION VIEWS ARE FOR EDUCATIONAL PURPOSES.
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JSW STEEL WEEKLY BREAKOUT# JSWSTEEL
- Cup & Handle Breakout
- Trading in HH-HL Structure
- Volume Rising with Breakout
- Strong Bullish Momentum
- Buy Above 686
- Stoploss 662
- Targets 790
#Investing
I Hope You All Like My Analysis.
Please Do Share Your Thoughts Into Comment Section.
Please Give A Like, It Motivates Me To Do Analysis. Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
JSW STEEL WEEKLY BREAKOUT#JSWSTEEL
- Cup & Handle Breakout
- Trading in HH-HL Structure
- Volume Rising with Breakout
- Strong Bullish Momentum
- Buy Above 686
- Stoploss 662
- Targets 790
#Investing
I Hope You All Like My Analysis.
Please Do Share Your Thoughts Into Comment Section.
Please Give A Like, It Motivates Me To Do Analysis.
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
JSWSTEEL - Ichimoku Bullish Breakout Stock Name - Jsw Steel 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 685
#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
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.