JSW Steel Swing ShortJSW Steel CMP 754.8 dated 9-11-2023
Sell below 751 target 720-698
SL - 770
It is just a view, please trade at your own risk.
JSWSTEEL trade ideas
Last rally before the fall beginsThe current rally in the counter can go all the way to 61.8% at 772. The divergence in the RSI further confirms that this rally is on cards. We will look for reversal signals again around 772 where it will also meet with trendline resistance.
📈 Exciting Bullish Pattern Alert! 🐂📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Broadning Pattern
📌 Symbol/Asset: JSWSTEEL
🔍 Description: Stock is in a broadning pattern. We might see huge upside after breakout.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
JSW STEEL JSW STEEL looking good above 799 in weekly time.
buy after above weekly candle close
please wait for weekly candle close.
NOTE- Only for Education Purpose.
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JSW STEEL UPCOMING CRASH OR BULL RUN?jsw steel upcoming crash/bull run chart . is it bull run or big crash, just wait and watch, this is chart pattern of jsw steel
JSWSTEEL - Put it in your watchlistMy analysis of JSWSTEEL. The stock could give a positive breakout in the coming weeks and if that happens you could see upside in the stock and expect it to reach around 900.
It is one to keep an eye on.
JSWSTEELtechnical analysisDear traders....
JSWSTEEL perfect swing seeing.
volume break out
value break out
JSWSTEEL
Prices are re-testing its breakout zone (770-790).
Sustaining above 770 would keep bullish outlook intact.
Prices in a new high territory, so it’s a Buy and Hold.
CONCERN is that Weekly RSI is yet to move past 66.
A Weekly Close below 770 would extend correction to 680.
Jsw Steel new waveJsw Steel Can start a journey to new highs from here if lows of 773 are maintained.. Will update on any movement
📈 Exciting Bullish Pattern Alert! 🐂📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Broadning Pattern
📌 Symbol/Asset: JSWSTEEL
🔍 Description: Stock is making Broadning pattern. And we might see good bounce till resistance level.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
Jsw on weekly support. Good for buy
. Buy at price 770-779
Stop loss. 760
Target 1:2/1:3. ( Max 830rs)
Next strong resistance is 833 (weekly chart strong resistance )
JSW STEEL Price Action.JSW Steel is given breakout from triangle pattern as chart shows. Recently it was tested 773 level and reverted from support which is return move. Now it may test level 860 our previous target and next level 1010 soon.
JSW Steel - ShortJSW Steel CMP: 809
If weekly closing is below 825 one can short
this can be pre-empted with SL of 830 (WCB)
JSW Steel breakout and retest is done. JSW steel has given a break out of the inverted head and shoulder and has also retest the neck line on the weekly charts.
The stock has formed a resistance around 830-835 levels and once these levels are cleared it can given good targets.
Positional and swing trades should be created only when the resistance zone is cleared on the weekly charts.
Levels and targets are marked on the chart.
Stock can also be purchase in cash for a longterm bet as the market are bullish and the stock can travel with the waves.
Levels to watch
Break out level :- 835
Support to accumulate stock :- 775-780
Watch for the weekly close as tomorrow it friday. The stock has given a fall for last three days and if it starts to run there will be a good opportunity as it is standing at 50 % fibonacci levels.
3rd time a charm. can price breakout.Price ready for new ATH. Closing above may give good upmove.
Maintain SL as per risk management.
BULLISH above 810 bearish below 810
If Buy 810 > 818 > 825
Sell below 810 > 806 > 801
ALWAYS TAKE TRADE WITH CONFIRMATION
Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
jaw steel what nice chart pattern1hr tf
bullish view
hope it breaks out and takes away the prev high
jswsteelENTRY TARGET SL Mention in the chart.
ALWAYS TAKE TRADE WITH CONFIRMATION
Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
JSW Steel Analysis Stock has given BO on daily chart, but volume is not attractive, entry and exit as per levels, metal sector positive sentiment moved stocks up.
Looking Good - On a way to New LTHHi All...
Greetings!
Today I'm sharing you JSW Steel Weekly Chart. it has been seen that JSW Steel has been continuously taking resistance from 773 levels.
In last week of July 23 it finally gave a breakout and last 2 weeks of August it tested the same 773 level which will now work as a support.
I'm hoping JSW Steel will keep on making new LTH now....
Important Things
1. This is only for educational purposes only.
2. Never over trade.
3. Always keep Stop Loss.
4. Trade in limited quantity.
5. Taking a small loss is better than wiping up your whole capital.
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Disclaimer – These ideas shared by me to all are my personal analysis / views. Im not a SEBI registered technical analysis.
