Sell below low of breakdown candle at 580.45 stoploss at 591.05
jindal steel and power on reversal mode. respecting levels. Doji formation indicates two to three sessions of positive run. For educational purpose only.
It took support. crossed a rising SMA 200. the channel is good and could touch the upper band
Seems a bit fall back. For educational purpose only.
May fall short to 485 Levels, Targets in relation with poor momentum, low strength, poor results. For educational purpose only.
On a daily time frame , it is above 50 ema 200 ema with strong volumes It is ready for breakout
NSE: JINDALSTEL is closing with a bullish momentum candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain on...
This stock actually phased up and at the resistance, it consolidated for some days and now broke the resistance again. Looking good for a swing trade.
JSPL has doubled since its july low. Risk reward is poor on fresh longs Longs might want to exercise caution here. More of a long exit than shorts For buyers, better levels should emerge with time
ITS DOUBLED IN 8 MONTHS This is the power of Buying at Best Level... BUYING IN DIP So always lear to make it big.. THE CHART IS TRANSPARENT... U CAN GET TO KNOW THE ZONES VERY WELL...
Metal Sector Showing Strength in coming week. Jindal Steel on Daily TF We can see on last week made Double Pattern Formation and can make complete Triple Top Pattern formation in coming week due to Support of High Volume Momentum going strong on Daily, Weekly and Monthly Basis. Volatility increase well. So all positive factors are helps to stock for going...
Very simple chart - neat & clean. 1. Trend line Resistance- Consider double top. 2. Parallel clear Support area - Can go long 330-360 SL 320CB. 3. 280-320 IF Break than We can see big fall down side...
Inside bar + Very old Trendline support Bullish Entry: 576 Target 1 : 610 SL: 545
Metal Sector Performing well Stocks like Tata Steel, Sail, Vedl etc....Among them Jindal Steel Performing well. On Daily TF we can see that stock took support on 578 from January and today market was highly volatile due to Budget But Stock perform well and closing with High Volume. Strong Momentum on Daily, Weekly and Monthly Basis. stock upside move can see at...
Go with Jindal Steel and Power as expected target 🎯 will be 641. Note : This is just for Backtesting and Educational Purpose Only.
Currently stock in Support & Demand Zone 1hr chart Hammer pattern high broken. CPR Says bearish view for next day. I am saying go Long because Market closes back into the market and above patterns high.
Jindal Steel can be a good option for positional trade for tomorrow, if a 15 minute candle closes below the entry price. We can execute the trade with a bear call spread. *strictly personal opinion, not a trade advice*
JINDALSTEL Buy for intraday trading if stock break the given resistence level...........