JINDALSTEL trade ideas
Jindal Steel - Gaining momentumJindal Steel - Looking good for 1:2 RR 500 Target and 380 SL. Beyond 500 it has a potential for 650+.
DISC: Not a SEBI Registered. I post charts for my own study.
JIndal Steel shortAs chart showing descending triangle pattern. clearly showing downtrend . Lets wait and watch for breakout.
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This is my personal view about JINDAL STEEL. Take it as educational purpose. I am not SEBI registered or any Stock market expert. I am not responsible for profit or loss.
Jindal Steel - Up-move begins after 61 % re-trace levelsJindal Steel - Up-move begins after 61 % re-trace levels, strong Volume
T1 - 450
T2 - 475
T3 - 500
Jindal Steel and PowerBought at 410.
Current Jindal Steel is 421
will go up till 475
Crosses 490 then will go up till 523 (can retrace)
Crosses 530 then up go up till 555 (retrace)
This is my analysis and not to buy or sell.
Jindal Steel LevelsJindal Steel is in Consolidation zone. Anywhere it will break it will give a good trend on that way...
I'm biased here looking for long enterI'm looking to enter once the trendline is take out can short below the level but I'm comfortable in. Buying here
Is this a cup and handle pattern ????Can anyone please clear me if this is a cup and handle pattern or I am wrong. Or Please correct me.
Very bullish in metals sectorStock is taking support at previous swing high,now ready to bounce from current levels if market sustains positive...
Jindal Steel If it breaks the trend line there will be more downfall till the purple block but if it respects it then these are the Targets
JINDALSTEL ready to breakout Go Long!JINDALSTEL. Beautiful price action ! Watch how the price has taken support at different Fibonacci levels (S1, S2 S3 and S4), it is like climbing staircase! Seams like ready to breakout upside! Let's see!
R-0235 Pivot break out for JSPL on daily chart go LONGBUY JSPL @284 SL 270 TGT 310/325
It has pivot breakout on the daily chart at 276
TK cross over at 266 on 30 min chart.
MACD cross over indicates favorable buy.
GO long with 5-7 days TGT and book in the range 310-325.
