JSW STEEL short term targetsJSW STEEL short term target with stop loss. its showing promising breakout at 701 for a target of 728,768 with a stop loss of 670
JSWSTEEL trade ideas
JSW STEEL Daily Chart Pattern Analysis 09.12.2021JSW STEEL as per daily chart analysis has formed a pin bar on the channel. once the stock breaks 680 level then target 690 is achievable.
JSW Steel (Daily) - Flag Breakout for 5th Wave JSW Steel (Daily)
Chart Pattern - Flag & pole
Current market price - 672
Target - 827 (width of the flag channel according to the post triangle thrust / PTT method)
Price seems to have completed ABCDE in the 4th wave as per Elliott Wave Count
Now it has broken into the 5th wave (flag breakout)
JSW STEEL Daily Chart Pattern Analysis 08.12.2021JSW STEEL as per daily chart pattern analysis is inside the channel and once it breaks above 680 level then target 690 level is achievable and also the stock has a multi month resistance level at 700. Monthly and weekly chart being bullish the stock should move uptrend.
JSW Steel_Nearly 20% upsideJSW Steel View. Nearly 20% upside from CMP of 670.
Only for educational purpose. Not a recommendation. Please contact your financial adviser for recommendation.
JSW Steel important levels for long term investmentJSW Steel important levels for long term investment
JSW STEELWait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the pullback.
6. Don’t chase the market.
7. Don’t fight the market.
8. Even in the strongest trends there should be some retracement.
9. The closer the market is to the trendline, the better the risk/reward ratio is.
10. Use ADX to determine the strength of the trend.
11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy
12. Hold trades longer in a strong trend.
13. Wait for confirmation of a trendline breaking before reversing position.
14. Know where the Support levels are.
15. Place stops outside the Support levels.
Thank You..
JSW STEEL_ON MAJOR TRENDLINEJSW STEEL can continue bullish momentum.
It is taking support of major trendline starting from COVID fall. Also, it is is forming a flag which has probability to move upside.
LONG ON JSWSTEELTheir are more logics behind the technical trend followed by the JSW Steel,
#drop in #petrol prices.
#demand in metal sector
#respecting trendline
Movement Expected.
Buy at 597 SL 571 TGT 633 and 643Suggestions are based on my analysis only. Please do your analysis before taking any trade.
Buy This stock is currently at a good support. Good opportunity to buy. Happy investing. Invest at your own risk.
JSW Steel Bear GripJSW Steel Under Bear trap.. with H & S formation
Impulse move breakout happen
concentrate if sustain below 624 in daily
jswsteelNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
JSW Steel Pattern Breakout (Bullish)> We can Buy If Price Sustain Above 700
> 1st TGT is 780
> SL If candle closes below 665 (Only after We entered above 700 with Confirmation)
>Support will Become Resistance and Resistance will become Support once the level Breaks.
*Always Enter With good confirmation & Maintain proper Risk Reward.
**********Educational/information purpose only **********
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buy jsw at 688 for shortermbuy jsw at 688 and keep target of 730/760/800 in shortrem and keep stoploss of 628 .stock is gaining from 5days when market was falling stock was trying to go up and stock was acrossed 44 moving average in daily chart and formed bullish candel on daily chart
JSW Steel either side trade opportunityJSW Steel - either side trade opportunity
If breaks out above TL, bullish
If breaks down the zone, bearish
Plant your trade accordingly
JSW Steel is on the edge of Support Trend lineJSW Steel is on the edge of his support trend line below @ 640 level, hope that on Monday it will break it's support level because We had seen a breakdown of Trend line on Nifty metals during the last trading day. Just refer my another idea related to Nifty Metals for more information about that breakdown level.
jsw steeltrade based
* weekly sideways
* hr triangle pattern formation.
when market break the pattern based on that decide the trade
JSW SteelLong can be initiated at CMP with SL of 649. It is also at support level and stronger than other candidates
