JSWSTEEL trade ideas
Short on JSW Steel Ending Diagonal Pattern Formed on JSW Steel
I m Short with SL just above High ....
Risk Disclaimer ...it is just for Education Purpose
Plz make ur Investment Decisions on ur own risk
JSWSTEEL : Need to see a sell-offIf a sell-off happens in the overall market then its ripple effect will have an impact on stocks like this with high valuation and below average financial statements.
Will be interested in the stock if price reaches the start of the ascending channel and will look for an entry depending on the micro and macro-economic situations at that time.
JSW Steel can make good moveOn weekly time frame JSW Steel broke its resistance level and currently retesting it a daily time frame
JSWSTEELMy top priority set up for coming week. Good consolidation in triangle. Breakout can give upside. Don't forget to keep SL. Any setup in this entire world can fail so better keep SL. If things are working as per plan then we are with them else we are out.
JSWSTEEL Analysis the stock is trending upwards....
Pvevious Resistance is broken (ATH).....
in daily time frame price is ready to test the previous resistance...
if this resistance is turned to be a support then this stock is again bullish...
If we go to the smaller time frames...price is in consolidation after a ATH is broken...
consolidation + Downside ==Upwards may be possible...
so please be patient until price retest...if retest failed will take further action....
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bullish..wait for entry target 974selling pressure till 749
buying area 749{good} , 690 {best}, 594
target 974
best breakout stock for investment
JSW STEELJSW Steel was forming a pattern for a long time and now it is breaking three strong resistance. From this level it is good go up. have strong stop below first trendline.
Please do research and trade at your own risk.
Feed a poor if you enjoy. thanks
Break out and retest of JSW Steel.Breakout and retest after 1.5 yr and RSI also taking support of 60 lavel which is again sign of bullish trend.
JSW STEEL - target upto 50%NSE:JSWSTEEL
Super bullish on METAL SECTOR.....
It can give fresh rally .....
go through charts of TATASTEEL / HINDALCO/ SAIL .....
only for educational purpose, invest at your own risk.
JSW STEEL JSW is in BUY
anyfall in this script is a buying opportunity till all time high and this time it may try to break all time high
Lets see
JSW Steel breakout?JSWSteel monthly chart. Price at 800 price area, was rejected from here in 2021, then in 2022. Has approached the level with a strong bullish bar again. Will it breakout this time?
Ascending Triangle in JSW STEELKeep a close eye on JSW STEEL for this week.
The price is trading around it's All-Time High resistance area.
Although it has broken the ATH today, on 3/7/23 but i don't trust this breakout.
It seems a bit weak.
Also, the resistance area is a weekly level so I would prefer a weekly breakout and a weekly candle close above 792.
Also, notice price is trading in a weekly ascending triangle which is typically a Bullish pattern.
So, if a weekly candle closes above 792, we can look for buying JSW STEEL.
This would a Swing trade- medium term investment.
But wait for the weekly candle close above 792.
JSWSSTEEL Triangle Breakout ???JSWSSTEEL Triangle Breakout on Daily Timeframe.
With RR 1:3,
Target till 910
SL = 761
JSWSTEELVery less risk reward ratio, cmp 795
with Stop loss of 775,
huge break out on daily chart,
Target open
JSW STEEL CUP HANDLE ON DAILY CHARTJSW Steel has formed cup handle chart pattern on daily chart. Is it going to continue to the upward movement?
JSW STEELit is all time high. with gud trend line support. supported by 20 ma. market is also at all time high. supported by gud buying volume.
SL 737.
it has gud potential upside target. follow strict sl & proper risk reward ratio. this is the only holy grail in the market.
jsw steel buy @ 784.50 target 874, 899, 920 ascending triangljsw steel buy @ 784.50 target 874, 899, 920
ascending triangle breakout
risk reward 1.5
sl@693
its just a view trade at your own risk
JSWSTEEL Swing Long sidewe can go long on JSWSTEEL
Buy at at breakout
Traget= 1000
SL=734
As Nifty is at all time high, there is high probability stocks will see a buying trend. jswsteel is at breakout level.
on charts of jswsteel we can :-
1] Head and Shoulder pattern.
2] Tested the resistance 4 to 5 times now resistance is weak and can breakout.
3] High volume activity
4] Engulfing candle
Buyer are looking strong and we can see the targets in coming weeks.🚀🚀🚀🚀
