H A M M E R JSWSTEEL fut made hammer on hourly chart, suggets reversal from here, same pattern in metal index as well.
Could be bought with mentioned stoploss & target/intraday.
JSW Steel We are in last leg of Wave e, expect uptrend to start As I mentioned in my previous post as well, we are about to finish wave e of Wave C triangle. Once we are done with the completion of wave e, expect the quick and fast move till 692-693 and beyond. I don't want to see another triangle in wave- e, from my experience as Elliott wave Practitioner, its
JSW Steel is about to finish its last leg of Correction Hi,
JSW was in complex correction for a while, as we reach towards the completion of the last leg of the W-X-Y correction, we see that in the Wave Y we have already completed A-B- and now we are in the Wave C of Wave Y. In wave C we are in c of C wave, which means we are about to finish the last c
JSW Steel is ready to form a Big Breakout upsideAs you see in the chart, JSW Steel has almost completed the complex correction (W-X-Y), with an Expanded Triangle forming at the wave C of the Wave Y. Time has come for the uptrend to resume and hit the first target of 692 with very quick movement.
JSWSTEEL - Short tradeInitiated a short trade in JSW STEEL - with minimal SL.
Shorting at 719.6 for a target of 692 with 722.95 as stop.
jsw steel futureI usually do not post Individual Stocks...... but JSW steel future seemed an extremely Interesting set up and the R:R ratio seemed excellent to Me.
#JSWSTEEL POSSIBLE TO BUY#JSWSTEEL trading 547 formed bullish pattern,
Today trading our retracement level,
we can buy above 552 and tgt 564
SL: LIVE
#JSWSTEEL POSSIBLE TO BUY#JSWSTEEL trading 719 formed bullish pattern,
Today trading our retracement level,
we can buy above 725 and tgt for 740
SL SL 711
#JSWSTEEL POSSIBLE TO SELL#JSWSTEEL trading 770 formed bearish pattern,
Today trading our retracement level,
we can sell below 765.5 and tgt for 752
follow SL 777
jsw steel11/4 educational purpose only
buy on dips around 745.05 (20ema/hourly)
cmp 759.25
sl below 738.10 (50ema/hourly)
target 775+
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Displays a symbol's price movements over previous years to identify recurring trends.
A representation of what an asset is worth today and what the market thinks it will be worth in the future.