JSWSTEEL trade ideas
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
JSWsteel | Three Line Strike Candle stick Pattern spotted 🎯⭕ Positional Trading opportunity! 4hrs Chart Alert !!!⭕
--Buy Above =411 or CMP
--Target = 426.95 | 451
--Stop-loss = 393.90
--R:R =2.34
--Expected Profit = 9.78 %
--Expected Holding = 30 days only
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⭕Technical Reasons to trade or Strategy applied:- ⭕
1) Stock has formed flag pattern & has given the breakout
2) Three line candlestick pattern is observed clearly in the chart
3) Volume is good enough
4) Target is based on Fibonacci levels & pattern height & resistance level as well
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JSW Steel to buyJSW steel to take long buy above 415 TGT 430 SL 403. Stock at high resistance area. entry will be taken only after the clean BO with good volume. This is pure educational ideas .
JSWSTEEL - Hammer at supportNote: This is for educational purpose only. Please do not trade in F&O.
20 EMA seems to be acting as dynamic support for JSW Steel. There seems to be a hammer formation at 20 EMA. Expecting a bounce back from here.
SL: 385₹
Flag Pole Pattern : JSW SteelPost is for educational purpose only. Please consult your financial advisor before taking any trading decision. Always use a stop loss to minimize your risks.
symmetric triangle pattern in JSWSTEEL JSW Steel
is taking support at 402.
one can expect a breakout at 406/408
Always check
1. MACD
2. RSI
3. Volume
4. NIFTY
before taking any long trade .
One can also buy at support for scalping
Suggestions welcomed . NSE:JSWSTEEL
Hidden Bullish RSI Divergence in JSWSTEEL for 474+ TargetIn today's trading session JSWSTEEL gives breakout of its previous resistance. Also, RSI indicating bullish divergence in stock. According to Fibonacci retracement level minimum target expected in JSWSTEEL is 474+ in the upcoming trading session.
JSWSTEELReadying for Breakout Above 285JSWSTEEL , has recovered from the pandemic Lows and It is both around 52WH and ATH
The volumes have grown significant over the last few weeks and is giving good momentum to the counter
A good close above 430 should bring in a significant upward move on this counter.
# JSWSTEEL
With Metal and commodity counters being bullish #JSWSTEEL becomes a good selection
Disclaimer : This chart is for Learning Purpose only , please follow your analysis and Position strategy for a enter to this counter
jsw steel near to all time highits near to all time high( 2018 sep ). wait for breakout. for intra day 09.02.2021 with 2 percent can entry. others wait for 430 breakout
