Get started
Divergent_trader

JINDALSTEL | CONSOLIDATION DONE | RR 1:2.5

Long
JINDAL STEEL & PWR (NSE:JINDALSTEL)  
Divergent_trader Updated   
NSE:JINDALSTEL   JINDAL STEEL & PWR
Trend Analysis Chart Patterns Technical Indicators swingtrading jindalsteel
8
0
trendanalysis chartpattern indicator swingtrading jindalsteel
JINDALSTEL

A solid Symmetrical triangle formed & broken out with volume.

Triangles are periods of consolidation showing rangebound trading in the stock. Once a breakout occurs, there is a good move expected up to the pattern height of the pattern.

SL - 720
Entry - 750
Target - 825
RR - 2.5

Disclaimer: This is NOT a Trade recommendation
Trade closed: stop reached

Related Ideas

Divergent_trader
RELIANCE | POLE+FLAG CONTINUATION!
Divergent_trader
GUFICBIO | SYMMETRICAL TRIANGLE BREAKOUT & SUSTENANCE!
Divergent_trader
SYMMETRICAL TRIANGLE IN SBIN!
Divergent_trader
KAMOPAINTS - DIVERGENCE & CONFLUENCE WITH H&S!
Divergent_trader
JKPAPER | CUP & HANDLE BREAKOUT near ALL TIME HIGHS!
Divergent_trader
AARTIPHARMA | FLAG & POLE CONTINUATION!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.