Price is moving toward control price Thanks
The stock shows a strong tendency to follow the ongoing trend and to bounce off support by the previously set up bull flag. With a SL set up 2% below the confirmation, the stock has a high potential to rise to a 25% above the support.
Buy Above : 156 TP 1 : 160 (Hold 80%) TP 2 : 165 (Hold 40%) TP 3 : 170 (Exit The Remaining 40% & All Open Trades) SL : 145
JINDALSTEL (Jindal Steel & Power Limited) BUY ABOVE 148
Jindalsteel on downside sell on levels as it will move after breakout
Jindal has given strong breakout. Risk only 1 % of you trade.
Jindal Steel & Power Limited (NSE: JINDALSTEL) is giving solid signs of Loss Of Buyer's Momentum as per TTC Breakout Formation . Right Now it is at a Critical Make-Or-Break Zone around 153 . If it breaks decisively below this zone (on 1-hour closing basis), we may see sellers gaining control over the buyers. For Short-term targets, Trader should eye on 148...
Jindal Steel & Power Limited (NSE: JINDALSTEL) is giving solid signs of Loss Of Buyer's Momentum as per TTC Breakout Formation . Right Now it is at a Critical Make-Or-Break Zone around 159 . If it breaks decisively below this zone (on 1-hour closing basis), we may see sellers gaining control over the buyers. For Short-term targets, Trader should eye on 153...