JSWSTEEL trade ideas
JSW STEEL LONGIt had been in a range now it has given a breakout. One can take a aggressive long entry, or wait for the next candle if it is a Dozi, it might indicate a breakout failure, which can trigger good selling, then one can take short positions on intraday basis, keep this in your watch list
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 |
#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
