Strong Momentum Trade setup .
I am going to buy JSW STEEL :) its on demand zone
Hello, Pattern : Bearish Gartley Stock : NSE:JSWSTEEL Time Frame : 1 Hour. Always look for reversal patterns in rectangle box area which is a reversal zone and take trade basis on it. Note : This chart is only for study and reference purpose.
Nifty Metal is Preparing for big blast after long down trend. Just wait for 2520 level breakout. This will be the confirmation to blast. Jswsteel has already breaked out and tatasteel and other Metal stocks preparing itself.
jsw steel good for swing . price took support at break out levels , retesting Break out line and looks good for seing
For tomorrow we will look to - Buy around 295 (Look for sign of breakout) Target:301/SL: 293/RR: 1:3
Been a consistent run from the lows of 200 to 290, a whooping 40% return. Heading to the key level of 300. A breakout on the cards? Keep an eye!!
Trade based on 1. trend line support and rss 2. Rsi 3. Fibonaaci 4. Price action
NSE:JSWSTEEL JSW steel on 1H chart still in good up trend. After making Higher Low its trying move up again and if we are in a right trend then we definitely see the new Higher High in this counter. I personally prefer to buy JSWSTEEL above 292 by maintaining SL at 278.
Hi Traders, We saw a good sell off in the indian markets, the jsw steel chart seems very attractive for us. The price is still in an uptrend as per the 4h and daily timeframe. We have the goldenzone between 282.15 and 278.90. The price has tested the golden zone and closed above this level. We have immediate resistance at 285.40 and 289.40. A good and safe trade...
AFTER A GOOD RALLY IN JSW STEEL STARTED SIDEWAYS TRADING. RESISTANCE IS PLACED AT 287 SUPPORT IS PLACED AT 280
The stock has been continuously going up for some time in an aggressive manner and has reached the previous high (supply zone) ... . Shooting star pattern has been formed though the upward wick is small Expecting a healthy retracement till 240 level when crosses 270 mark while going down Trading Strategy: Safe : sell PE above 290 at good cost ... AUG and SEP...
We saw good rally in metals(Tatasteel,jswsteel,jindalsteel,Sail), these many days. Fresh Investors Ignore Metals as of now. Now It's in overbought zone, Will it sustain or we can see a big dip in All Metals. Also looks like completion of Elliott's 5 wave - . Go through my profile in.tradingview.com for all metals analysis done.
We saw a good rally these many days. Lets see if Buyers are really interested to buy the steel stocks in Overbought zone or we will see a big dip in steel ? At major support, Short below 279.5
JSW steel is trading in overbought zone. Can see a sharp pull back as today's move it looked like distribution of shares. if it breaks 250 level convincingly then will see good fall. Levels marked on the chart. Disclaimer: Views published are educational any trade taken is at sole individual risk
see beautiful support and manage your risk JSWSTEEL #JSWSTEEL