JINDALSTEL trade ideas
Broken ChannelJindal Steel Analysis
Broken Channel expect immediate target 270 breaking that will go 250 and below.
Jindal Steel | Wedge formation | RSI Bear DivergenceIf not crossing 312, then 263 and 242 are the points to fall upon
Jindal Steel - Intraday Trade SetupJindalstel CMP - 281.65
Looking bearish in higher time frame. One can go for Intraday Trade setup with the following entry, exit & targets
Sell at or Below 280 ONLY / Stop Loss 285
Target 1 - 277
Target 2 - 273
Target 3 - 270
Disclaimer: This is my view and for educational purpose only.
JINDALSTEL - Short term swing/IntradayThis analysis is purely based on price action and Chart Patterns.
The analysis is on 30min TF hence target can be achieved in intraday trade or in couple of days.
Entry can be taken on small candle breakout above the resistance line or if the price gives big breakout, then entry can be taken on small pullback.
Targets are shown in image. SL can be either below 294 or if entry on pullback then SL can be slightly below the pullback low.
Don't chase the price. Always plan your trade & trade your plan
Keep trailing SL accordingly once entered into the trade.
This analysis is purely for education purpose. Kindly do your own study before entering into any trade .
Also check out my other ideas to understand how price action works and how it can be used to make regular profits without any complex strategies.
Feel Free to comment for any queries regarding the above stock or price action analysis in general.
Jindal Steel - Head and Shoulder patternHead and Shoulder breakout on weekly charts, Stock can move up significantly
Checkout These Price Action Patternsyou can learn a lot by focusing on these patterns give some time to your eyes to notice what these patterns are saying !!
Happy learning 😊
JINDALSTELThis stock has given good breakout in todays trading session . so keep an eye.
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Jindalstel - Intraday Trade SetupJindal Steel & Power CMP - 272.05
Looking bearish in higher time frame. One can go for Intraday Trade setup with the following entry, exit & targets
Sell at or Below 270 / Stop Loss 273
Target 1 - 267
Target 2 - 264
Target 3 - 260
Disclaimer: This is my view and for educational purpose only.
Jindal { Short 15 M } It's breaking down from the channel , Short if the outside bar breaks! Keep SL as mentioned. Also trail the Stop loss by PREVIOUS CANDLE HIGH .Rest is as per charts
Jindal Steel Looking BEARISHDISCLAIMER
I AM NOT SEBI REGISTER OR ANY TYPE OF ADVISOR.
THIS IS ONLY MY VIEW,
CONSULT YOUR FINANCIAL ADVISOR BEFORE INVESTING OR TRADING.
Jindal Steel, 15 Min Chart. Made Double Rounding tops Or Cup n Handle pattern.
Once if It Break-Down Support of 254, and 15 Min candle Closes below 254, then it Can Slide upto 242 and then 236.
There are Supports at 242, and 232
JINDAL STEEL - Bearish H&S Pattern - Intraday/Very short termThis analysis is purely based on price action and Chart Patterns.
The analysis is on 15min TF hence target can be achieved in intraday trade or in couple of days
Trade logic with SL and Target is explained in image itself.
Don't chase the price.
Always plan your trade & trade your plan
Keep trailing SL accordingly once entered into the trade.
Trade at your own risk and money management. Do your own study before taking any trade
Feel free to comment for any queries & suggestion
Jindal Steel - Intraday / Swing Trade SetupJindal Steel CMP - 213.85
Looking bullish in higher time frame. One can go for Intraday / Swing trade setup with the following entry, exit & targets
Buy at or Above 214 / Stop Loss 208
Target 1 - 217
Target 2 - 221
Target 3 – 225 / 228
Disclaimer: This is my view and for educational purpose only.
JINDAL STEEL & PWR 4HRBEARISH Crab
price need to follow Green Trend line & hit target
If price Breaks Red Trend line is where EXIT before SL hits
POTENTIAL SELL
JINDAL STEEL & PWR Daily Bearish BAT
Within 3-5 price bars need confirmation with bearish candle & RSI must be 30
Potential SELL
Jindal stell { Short 15 M }At strong resistance high chances of reversal. we're betting on short here as pcl (doji breaks ) .
Jindalsteel { short 15 M }At D frame Resistance , forming IB ( Doji ) in 15 M tf. Betting on downfall can be good idea here. we'll short at break of PCL
Jindal { 15 M Short }This stock is at D frame resistance.As doji forming it's best to short it at PCL break.
Below the line shown is the target where we exit if TSL doesn't hit .
Tsl = PCH
JINDALSTEEL (Bearish H&S Pattern) - Intraday/Very Short termThis analysis is purely based on price action and Chart Patterns.
The analysis is on 15min TF hence target can be achieved in intraday trade or in couple of days
Trade strategy is explained in image itself. Don't run after the price.
Always plan your trade & trade your plan
Keep trailing SL accordingly once entered into the trade.
Trade at your own risk and money management
Feel free to comment for any queries & suggestion
Jindalsteel - Trendline BreakoutJindalsteel is trying to break trendline as well as triangle. Target marked on chart...
INtraday IdeaI am not going to take this trade. Just an idea. Do it with your own analysis and risk.
