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radha_23
Mar 26, 2024 3:17 PM

Just A View - Channel Breakout Soon - JINDALSTELΒ Long

JINDAL STEEL & PWRNSE

Description

β‹…
πŸ“Š Script: JINDALSTEL
πŸ“Š Sector: Steel
πŸ“Š Industry: Steel - Sponge Iron

Key highlights: πŸ’‘βš‘

πŸ“ˆ Script is moving from it's support level (posted earlier).
πŸ“ˆ Script was trying to give upward moving channel breakout today but selling pressure came from top.



πŸ“ˆ MACD is giving Crossover.
πŸ“ˆ Double Moving Averages are on urge or Crossover
πŸ“ˆ One can go for Breakout Swing Trade only above 860.
πŸ“ˆ One can take risky trade of 30 points also as breakout is above 860.

⏱️ C.M.P πŸ“‘πŸ’°- 837

⚠️ Important: Always maintain your Risk & Reward Ratio.

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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.

Eat🍜 Sleep😴 TradingViewπŸ“ˆ Repeat πŸ”

Happy learning with trading. Cheers!πŸ₯‚

Trade active

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Channel Breakout Done, one can go for swing trade
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