JSW Steel 23rd March ( Intrday Price Action )A Simple Price Action Strategy for Tommorow in JSW Steel
If it Breaks 445 Level & Retest Buy with a SL of 441 & TGT of 449 , 452 & 455
Only For Learning Purpose |
JSWSTEEL trade ideas
#SOUND_OF_METAL #BANG_ONHold Disc: May have a family or personal holding in ideas shared, be sure to first consult with a qualified financial advisor and/or tax professional before implementing any strategy or investment discussed herein. Investments involve risk.
Strongest among MetalsJSWSTEEL is strongest among Metal stocks. It has given a price break out with volume. Should be good long candidate, however, any pullback will make it a good R:R opportunity.
JSW STEEL Positional Trade Breakout JSW STEEL Breakout With Heavy Volumes After 30 month long time duration keep it mind this is the long time frame trade around two to three year period my first target is 615 second 914 third is 1213 keep SL 410/400 range above 440 I’ll add more qty....
Chart of the Week (20/03/2021)This week's chart of the week is JSW Steel which is trading at All Time High. The Stop Loss is the resistance line that has been cut and the targets can be trailed as the stock moves up. The stock is in uncharted territories and can go the distance if the metal rally continues.
JSW STEELthis time JSW given doji formation at top doji means price action between two players so lets see coming Monday who will win buyer they buy above doji top and if sell side the sell blow doji . for doji formation volume also good.
JSW steel intraday Buy JSW STEEL above 401 target1= 410 and target 2 =420
Sell JSW STEEL below 389 target 1=377 target2=367
JSW Steel - Negative Divergence and Double Top FormationJSW Steel - Double top formation and Negative Divergence found at the same level. It indicate that price will correct up to Rs 315 or FR Level 38.2%.
Most of the pattern, divergence and candle confluence that JSW Steel will fall. If we understand candlestick carefully then we can see rejection from the
upper level and formed candlestick pattern like shooting star, Gravestone Doji in weekly basis and previous candle was variation of Bearish Engulfing on daily basis.
JSW Steel Short Sell
Sell Below 388
Stop Loss 427
Target 360 & 315
