Looking Bullish on a chart. Buying seen with high volume recently. Buy if sustains above 485 for targets 574, 718 and above. As per Daily and Weekly chart, it's been rejected from this zone multiple times. Above 200 EMA now. BUY @485 with SL 460 Multiple news supports Bulllish pattern ie. Interim Devidend, EU export boost due to Ukraine, Sales grows 8% in Feb
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below support zone & the lower trendline. The target is placed near resistance.
Wedge formation and broken the pattern. Best time to short Jindal stel.
JINDAL Steel - Buy @ CMP 1st target - 429 Level 2nd target - 447 Level Happy Trading like and Follow :)
in hourly chart Jindal steel breaked descending triangle (sing of bullishness) RSI also above of 60.. Am I right according to you or not, please suggest.
1. brokout from swing high daily time frame 2. brokeout from triangle 3. 15min falling wedge broke 4. trading above weekly pivot
JINDAL Steel - Buy @ CMP 1st target - 429.15 2nd target - 437.30 Happy Trading like and Follow :)
Jindalstel giving trendline breakout.If sustain above 408 and close above it.It should hit 417-425-435++ very short term.We are keeping on radar Jindalstel 420 CE.
JINDALSTEEL formed perfect PPL candle pattern in Daily time frame, looking at RSI i think this stock may be BULLISH on Monday 13th Sep 2021. But if this stock manages to open below 396 and sustains at that price then look for BEARISH side.
Intraday JINDALSTE Buy Jindal steel & Power @ 379 stoploss 376.5 Target 383 - 385 - 390+++++
What to see for the week ahead on Jindal Steel:- 1• Jindal Steel Showing a Bullish continuation setup for the weak ahead look for a break of the trend line and a continuation for an entry in the trade. 2• Wait for the correction to confirm the trade‼️ 3• Target 🎯 1. 457.10 🎯 2. 501.05. 💸If you like my idea Do like and comment 💸
• You can see a potential short term buy entry on Jindal Steel For the week ahead • It has 1/4 risk reward ratio • Entry for trade is at :- 393.40 • Profit target is at :- 421.55 • Stop loss is at. :- 384.25 * For More Indian stock related ideas follow my Account and do tell in the comments your point of view about Jindal Steel.*
Jindal steel Buy Supply zone breakout Potential upside of T1 - 500
Bought 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 IS TAKING ITS 5O SMA AS A NEW SUPPORT.
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