Jindhal Steel & Power Double Confirmation HH,LL, & Harmonic Pattern. Disc: Only for learning purpose not a trading Recommendation.
Dear all Now Jindal Steels W pattern formed and perfect retracement.
Jindal Steel and Power to touch 250/- This is my opinion and not a recommendation to buy or sell.
Jindal Steel - cmp 365 Looks good for targets of 380 and 400++ .Good support area placed at 355-345 zones !! Please apply DD before taking any investment decision
Jindal steel formed head &shoulder pattern. use it for your trade wisely.
Pivots playing out. The short is invalidated with the SL.
eliiot wave chart study / jindalsteel / wave study
JINDELSTEL bullish 200 DEMA + HL HL Volume + channel breakout
*Jindal Steel & Power Ltd.* *Double Pattern BreakOuts: Monthly Basis* Cup & Handle Formation Pole & Flat Pattern Price BreakOut / Volume BreakOut & Strong Built-Up *With Increase in Price, Trail Stop Loss* *Book Profit as per Your Risk Appetite* *Fundamentally Strong Company* Net debt fell 1.6% QoQ (Net debt/EBITDA at 0.6x (on TTM basis), lowest in the industry....
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below the support zone & the lower trendline. The target is placed near resistance.
J S W STEEL & POWER :- 9 Year's Break Out. Pl. Study & Plan.
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
Triangle pattern breakout expect 15 to 20 % up movement, keep strict stop loss
This stock has been consolidating since many weeks ( almost a year now ). Today, this stock closed above its daily 200ma. Keep your eye on breakout.
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 :)
#trade 1.6 seems like if it doesn't break the resistance it will go down, so sell if it doesn't break down. if it follows the blue line buy at the given line or else goo short the price might goo and touch the support. wait for the breakout or goo short not a advisor, noob analysis happy trading :)
JSPL is breaking out of the curve that was capping upside. good to go long here. SL should be around 370