Once it closes above previous high of 207 it will open for next target of 245-250. Fingers crossed.
JSL NSE is bullish if 170 holds. ** For Educational purposes only BSE:JSL
JSL NSE is bullish if 170 holds. ** For Educational purposes only BSE:JSL
clear charts and bullish volumes i just love them
JSL after long run it is forming in ascending triangle if its break on 168 target can be 207, 215.
From the graph it is clear that JSL faces a big resistance of its 52 weak high 168.40. JSL perform in channel also from few weak. Here is high probability for JSL to give breakout of level 168.40 and form new high in this weak. So here go for long position aftet breakout confirmed and hold your position some day.
WEEKLY BO WITH GOOD VOLUMES, CLOSED ABOVE MULTIYEAR RESISTANCE LEVEL. LEVELS ARE MENTIONED ON CHART.
NSE:JSL look at montly chart safe trader can buy on retestment with target of 250+ period of holding one year
Last two days delivery volume is much more higher than previous 10-15days delivery quantity, which clearly indicates some big players want this share to make new high, probably new all time high.
Cup and Handle Formation. . Flag formation on breakout level. TGT - 155.5
Jindal stainless respecting the trendline
Buy: 65-85 Target- 110,130,210 SL-57 Start slowly acccumulating the stock at lower levels. POST YOUR QUERY IN COMMENT SECTION
JSL is likely to cross more than 2 yrs of rounding bottom pattern, go long if it crosses the horizontal line marked on chart for a possible target of 108 in near future...
JSL - A Nice Stan Weinstein Classic 30 W Break out Pattern Playing Out. I would be more comfortable above 65 though. Disc: Not a SEBI Registered Advisor. Do your own Diligence. I post charts for my own study.
JSL - A Nice Stan Weinstein Classic 30 W Break out Pattern Playing Out. I would be more comfortable above 65 though. Disc: Not a SEBI Registered Advisor. Do your own Diligence. I post charts for my own study.
metal sectors are cyclic in nature, jindal stainless chart is indicating that it has completed its downward cycle and entering into upward trend (see the downward and upward blocks). this is monthly chart so positions should be taken for long term. if goes down then take entry around 48, if remains above 59 then take entry at cmp for short term target of 69 and...
#JSL Jindal Stainless Steel Ltd. CMP: 47.20 Target: 53 / 65 SL: 44 If u like my work, kindly LIKE SHARE & FOLLOW for latest stock recommendations. :)