JSWSTEEL is forming a pole and pennant pattern in the weekly time-frame. As Pole and Pennant is a continuation pattern the price will most likely break out of the upper trend line.
MACD shows starting of upside momentum.
SL : 645
Target : 770
NSE:JSWSTEEL
With metals on spree , Jswsteel looks like will give breakout soon, keep an eye, here is a beautiful pole & flag pattern.
Simple price action, no jazz!
The stock now took resistance at the levels, which it was trying to hold since 14 May 2021.
Now sustaining below 685 levels, the stock might be moving towards 615 -606 levels.
S H O R T T E R M T R A D E.
DATE: 31 MAY 2021
INSTRUMENT: JSW STEEL
TREND: BUY
TIME FRAME: DAY
CMP: 710.90
BUY ABOVE: 715
STOP LOSS: 685
TGT: 772
DISCLAIMER:
We are not S E B I registered analysts.
Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.
Leave a comment that is helpful...
DATE: 19 MAY 2021
INSTRUMENT: JSW STEEL
TREND: BUY
TIME FRAME: DAY
CMP: 721.20
BUY ABOVE: 727
STOP LOSS: 696.55
TGT 01: 772
DISCLAIMER:
We are not S E B I registered analysts. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.
Dear trader,
If u look at the chart of JSWSTEEL (analysis based intraday only) the JSWSTEEL Buy at 680 and Target at 690
Best Buy at 678.
Our Best Buy is based on high quality research and when the instrument reaches this level , it’s a jackpot trade.
Best Buy level might be executed or might not be executed.
The chart clearly indicates Bullish Trend you can...
CMP 51.80
Target 65++
May Hold After Target Reached.
If you like my work, KINDLY LIKE, SHARE, & FOLLOW THIS PAGE for latest stock recommendations for free.
NSE: MANAKSIA
Super Bullish on this stock.
From Rachit Sethia with 💚
Dear trader,
If u look at the chart of JSWSTEEL (analysis based intraday only) the JSWSTEEL Buy at 692 and Target at 702
Best Buy at 685.
Our Best Buy is based on high quality research and when the instrument reaches this level , it’s a jackpot trade.
Best Buy level might be executed or might not be executed.
The chart clearly indicates Bullish Trend you can...
Dear trader,
If u look at the chart of JSWSTEEL (analysis based intraday only) the JSWSTEEL Buy at 657 and Target at 670
Best Buy at 654.
Our Best Buy is based on high quality research and when the instrument reaches this level , it’s a jackpot trade.
Best Buy level might be executed or might not be executed.
The chart clearly indicates Bullish Trend you can...
there is market is highly over bougt so please leave it. wait for a minimun ritracement. i mark my atleast and max drop area stay with me for more info
#COALINDIA
CMP 132.15
Target 175++
May Hold After Target Reached.
If you like my work, KINDLY LIKE, SHARE, & FOLLOW THIS PAGE for latest stock recommendations for free.
NSE:COALINDIA
Super Bullish on this stock.
