Jindal Steel & Power Resistance 😲Jindal steel and power price at the pervious all time high level this is resistance. And 490 is the support
Jindalsteel
JINDAL STEEL & POWER - Multiple Indicators 📊 Script: JINDALSTEL (JINDAL STEEL & POWER LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY 500, NIFTY METAL, NIFTY MIDCAP
📊 Sector: Commodities, Metals & Mining
📊 Industry: Ferrous Metals, Iron & Steel
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 MACD is giving crossover .
📈 Already Crossover in Double Moving Averages.
📈 In weekly time frame MACD is giving crossover.
📈 Current RSI is around 68.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 433.35
🟢 Target 🎯🏆 - 473
⚠️ Stoploss ☠️🚫 - 415
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Jindhal Steel & PowerJindhal Steel & Power Double Confirmation HH,LL, & Harmonic Pattern.
Disc: Only for learning purpose not a trading Recommendation.
jindalsteel head&shoulder shortJindal steel formed head &shoulder pattern. use it for your trade wisely.
Jindal Steel And Power BreakoutThe 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.
Jindal Steel & PWR - Buying opportunityLooking 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
Jindal Steel HisarThe stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed near resistance.
JINDAL SteelJINDAL Steel - Buy
@ CMP
1st target - 429 Level
2nd target - 447 Level
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JINDAL STEL, is it really breaked descending triangle (bullish)in hourly chart Jindal steel breaked descending triangle (sing of bullishness) RSI also above of 60.. Am I right according to you or not, please suggest.
JINDAL STEEL broke out1. brokout from swing high daily time frame
2. brokeout from triangle
3. 15min falling wedge broke
4. trading above weekly pivot
JINDAL SteelJINDAL Steel - Buy
@ CMP
1st target - 429.15
2nd target - 437.30
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My view on JINDALSTELJindalstel giving trendline breakout.If sustain above 408 and close above it.It should hit 417-425-435++ very short term.We are keeping on radar Jindalstel 420 CE.
JINDALSTEEL formed Inside Bar Daily Candle Pattern
JINDALSTEEL formed perfect PPL candle pattern in Daily time frame, looking at RSI i think this stock may be BULLISH on Monday 13th Sep 2021. But if this stock manages to open below 396 and sustains at that price then look for BEARISH side.
Intraday JINDALSTE Buy Jindal steel & PowerIntraday JINDALSTE Buy Jindal steel & Power @ 379 stoploss 376.5 Target 383 - 385 - 390+++++
Jindal Steel Bullish continuation 🤑🐂✅What to see for the week ahead on Jindal Steel:-
1• Jindal Steel Showing a Bullish continuation setup for the weak ahead look for a break of the trend line and a continuation for an entry in the trade.
2• Wait for the correction to confirm the trade‼️
3• Target 🎯 1. 457.10
🎯 2. 501.05.
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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.*
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.
