JSWSTEEL BREAKOUTHi Jswsteel Shows Strong Volume Spike Means Buyers Activated & Box Breakout ( Range Break), Good For Short Term Investment..
JSWSTEEL trade ideas
JSW steel ready for big moveJSW Steel gave perfect breakout and retest. Currently in the perfect spot for long.
Steel on high !! Grab oneGPW:JSW
WHY JSW LOOKS GOOD ? Lets understand.
JW Steel became India's second largest private sector steel company.
The company aims to expand its crude steel capacity from 18 MnTPA in FY20 to 45 MnTPA within the next decade. The company is the owner of single largest steel plant in India with a capacity of 12 MnTPA.
Now looking at the technicals, couple of times stock was facing resistance around 780, it was since 2021. Now eventually after 2 years it has broken out that level, also it seems, stock has retested that level of 780 and is moving upwards. Though the stock is overpriced, I feel it should move upward as it is trading in ATH area with nearest support of 780-783. You can place small SL's around 770-765 and take profit as per your holding capacity.
Kindly note: All trades are for educational purpose, you should trade as per your own analysis.
JSW Steel For Swing this coming week we can expect JSW steel to break the resistance going up it also gives good RR
long position stock trading all time high level break.. accumulating new buyer.. above day high 820 we will see target of 1000
JSW Steel ready for wave 5Attached chart reference for JSW Steel Trendline support and rule of alternation also matched ready for some 800 levels
BulishLife time high @ 620 now in range bound, my stoploss is very clear only 770 upside sky is the limit
JSWSTEELWeekly Breakout after close / bounce off 50SMA
Weekly RSI > 60 and good volumes too
Monthly stock in All time high with RSI > 60
JSW Steel Cmp 732 Triangle BOJSW Steel Cmp 732 dated 7-6-2023
1. Triangle Pattern BO above 732
2. Chart is forming Inverted Head & Shoulder
Pattern.
Buy above 732 tgt 745-760-775-780 SL 708
It is just a view, please trade at your own risk.
JSW STEEL : Break Out on Monthly ChartBreak out Seen on monthly time frame on JSW Steel . The stock is going to make a new trend and thus provide us an opportunity to be a part of it. With a SL of Rs. 780 , the stock may hike to a level of Rs. 937 and above as shown in the chart.
The above study is not a tip to buy or sell the stock . It is the trend analysis of the stock.
Good Luck !!!
Inverted head and shoulder JSW STEELinverted head and shoulder pattern is formed in jsw steel.
Weekly timframe.
JSWSTEEL for LongI found good price action for up move in JSWSTEEL
#SwingTrading
#Breakout
#PriceAction
Disclaimer: This video is for educational purposes and not a recommendation. Analysis Posted here is just our view/personal study method on the stock. Do your own analysis or consult your financial advisor before making any investment decision.
STEEL SHOWING STRENGTH ON CHARTSIf you see the weekly charts of TATASTEEL (left) and JSWSTEEL (right) - both are now
testing the weekly trendline and getting ready for an upmove.
Kindly wait for a clear confirmation on both daily and weekly charts to take positions. For TATASTEEL we need closing above 115.75 and JSWSTEEL above 812.
Positional targets for TATASTEEL will be 123 and 130. JSWSTEEL targets will be 850, 900 and 940.
Please carry only on closing basis.
Learn & Earn,
Dr. Tanya Kumar
JSW Steel ..Multi Year Breakout
Breakout confirmed ✅.
Can head for a potential target of 1000 🎯 . Simple and clean setup for 🚀🚀
My Observations ✍️✍️
JSWSTEEL BREAKING OUT FROM F&P PATTERNjswsteel coming out from F&P pattern
good volume built up
educational idea only
JSWSTEEL JSW Steel, a leading steel producer, is showing promising signs in its bullish structure. With the recent price movements and trends, it appears to be on track to create a higher high. Investors and traders who closely monitor the stock may find potential opportunities for growth and profitability. Keeping an eye on JSW Steel's upward momentum could prove to be advantageous in capitalizing on its positive market performance.
Trade Idea on JSW STEEL!!NSE:JSWSTEEL breaking out on Weekly chart!!!
Let me know your views on JSW STEEL...
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Ready for Upmove_JSW SteelPerfect Retest after Big Breakout
1. Perfect set up for Long position
2. One can enter with R:R
3. Complex Inverted H&S
JSW STEEL TARGET 962JSW STEEL all-time high breakout with uptrend channel with bullish. Monthly and weekly breakout. It is broken the strong resistance of 788 monthly and weekly with above bullish. If it sustains above 811 in daily chart and sustains above 838 om weekly it will reach the target of 962
JSWSTEEL - Cup n Handle breakout - 30% upside potentialJSWSTEEL has given strong breakout above 775 resistance after 2 years of consolidation.
We can see Cup n handle pattern breakout as well.
Target: 895, 1030
SL: Daily candle close below 775
JSW STEEL - RESISTANCE BREAK!!!BUY - JSW STEEL LTD
CMP - Rs. 772
Target - 1: Rs. 900
Target - 2: Rs. 975
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Technicals - Ascending Triangle BO
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This is just a view by an expert analyst, please invest at your own risk.
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