On the verge of a breakout - JSW SteelThe stock was in a consolidation mode for the past few months and now on the verge of a breakout.
JSWSTEEL trade ideas
JSW Steel - On the verge of a breakoutJSW Steel had a great run few months ago and was in a consolidation mode the last months. It is now moving towards the upper end of the range and the stock is looking strong to make a breakout. If the stock manages to give a strong breakout, it can have a good rally from here.
Intraday Trade: watch for Inside candle breakoutbuy above 760 in intraday.
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
accending triangle jsw steelif break 740 bullish sign can be seen. accending triangle form. strong support of trendline is seen in chart
Break Out done and restested!Break Out done and restested on Daily Time Frame. Looking good for 773/800 as next targets. Consider for a Swing Trade.
JSWSTEEL KEEP HOLDING FOR TGT - 914Hi freinds keep hold JSWSTEEL for target 914 and above KEEP on stop loss in systems 640 and add MORE above 760 read my previous post for target and SL thankyou.,
JSW Steels Ltd Long @ Rs. 660 or BelowNSE:JSWSTEEL
Entry 660 or Below
Target 749+ or New ATH
SL 609
Stock is trading at 670,Stock has shown correction from the Peak of 770, Overall on High Time frame It is in Uptrend,While moving upward it will face resistance at 693-700 range. All Metals are in Uptrend. Buy delivery and hold to 1 month.
Disclaimer: author may enter in trade, take your own decision , This is an trading idea not an trading or Investment advice.
JSW STEEL Big Swing Trade [The Wolf Trade]JSWSTEEL channel breakout + Retest done. Great swing trade it could be......
JSWSteel Bullish View 4H ChartAs can be seen from chart, its 4H chart of JSWSteel.
Firstly there was a breakout from falling channel. Then a test and reversal.
Now as it is going up, its forming a rising channel, can give a breakout too...
Intraday levels can be as follows..
Long above 725-727 can give 737/748/758
JSW Steel -Flag and Pole patternJSW Steel is forming a Flag and Pole pattern and ready for the breakout. Keep an eye for breakout and wait for retest to enter into the trade.
Note: This is purely for educational purposes. Please consult your financial advisor or trade on your own risk
BREAKOUT in JSW Expecting a good move in this stock as per the breakout and retest.
As per my view Entries can be taken now or you can wait for lower levels around 700.
The company has recently shown good result that is also a positive point for the stock.
JSWSTEEL : f&pJSWSTEEL
- Again Flag & poll
- Changes are high for up move
- Follow Strong SL
Just personal view for Educational
Bullish Flag breakout in JSW STEEL Bullish Flag breakout in JSW STEEL
Similar Flag pattern appeared in Nifty Metal (CNXMETAL)
JSWSTEEL | Breakout | Technical Analysis | Long Opportunity3 Reasons to BUY this stock. Don't miss this opportunity.
1.Company to announce very good quarterly results
2.Trend Breakout in multiple timeframes. Daily, 4 hours, 1-hour timeframe
3.RSI hitting 60 mark and MACD showing reversal signs
Technical Indicator used Fibonacci Extension
Buy around 722 with Stop loss set at 710
Target 1 will be 739
Target 2 will be around 748
Please comment and share your views on this.
JSW Steel - Breakout from a Channel PatternAfter nearly a 3 months of consolidation - it gave a breakout from channel pattern and it is ready for a next bull run!!!
