Swing trade on Jindal Steel and Power .The equal lows has been taken out and its forming a Volatility Contraction Pattern (VCP) over the demand zone, which gives us an entry and proves that it is ready to move. It should move further high and a good ROI is expected .Longby nidinsree1
A potential Long setup for Jindal Steel• 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.*Longby chougalevinayak51
Jindal Steel { 15 M Short }Broke the support & Formed Short if break ! Note :- Entry - At the break of mentioned candle's low/high Stop Loss - In a Short Trade, I always use Previous Candle High ( PCH ) as a stop loss while entering the trade. Sometime I might use smaller tf SL & trade in 15M or 30M tf which I'll mention. Vice Versa for long trades Trailing Stop Loss ( TSL ) - Mostly I trail stop loss by PCH as price falls . I exit as PCH breaks & vice versa Use of PSAR indicator as TSL :- TSL get's hit in trend following due to noise, In such cases I use PSAR to be in trend & exit if PSAR direction change ( PSAR : Parabolic Stop n reverse ) You can use any one of above mentioned or your own way to manage risk Time Frame :- I take ~ 90% of my intraday trades in 15m tf. Where my analysis might come from higher frames like W , D or 1hr chart pattern which will be mentioned. Target :- I do set target line based on support / resistance slightly above/ below it . Please pay attention to itShortby ShivamMendhare2
Jindal steel looks good for accumulationIts doing correction on its 3 hourly time frame One can accumulate for long terms/short term Immediate targets of 500 Safe traders can enter once and hourly candle closes above 416Longby Geetarth0
Buy Jindal steel Jindal steel Buy Supply zone breakout Potential upside of T1 - 500 Longby RishabhModi0
Jindal Steel - Gaining momentumJindal Steel - Looking good for 1:2 RR 500 Target and 380 SL. Beyond 500 it has a potential for 650+. DISC: Not a SEBI Registered. I post charts for my own study. Longby prameshp0
JIndal Steel shortAs chart showing descending triangle pattern. clearly showing downtrend . Lets wait and watch for breakout. . . . This is my personal view about JINDAL STEEL. Take it as educational purpose. I am not SEBI registered or any Stock market expert. I am not responsible for profit or loss.Shortby gakhileshUpdated 0
JINDAL STEELBreakout level tested. Bounce from good support. Sector performing good. R2 sustained.Longby akash_sarjerao0
Jindal Steel - Up-move begins after 61 % re-trace levelsJindal Steel - Up-move begins after 61 % re-trace levels, strong Volume T1 - 450 T2 - 475 T3 - 500Longby SumeetTrader110
Jindal Steel and PowerBought 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.by dipanpatel0
Trend line breakout and retestTrend line breakout and retest. Target as shown in chart.Longby ganybhatUpdated 441
Jindal Steel LevelsJindal Steel is in Consolidation zone. Anywhere it will break it will give a good trend on that way...by PremmKshatri0
I'm biased here looking for long enterI'm looking to enter once the trendline is take out can short below the level but I'm comfortable in. Buying here by NaikBharat0
Is this a cup and handle pattern ????Can anyone please clear me if this is a cup and handle pattern or I am wrong. Or Please correct me.by ashtyagi29110
Very bullish in metals sectorStock is taking support at previous swing high,now ready to bounce from current levels if market sustains positive...Longby dalalstreet31111