Get started
JSW STEEL LTD.JJ

JSW STEEL LTD.

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Options Bonds

JSWSTEEL trade ideas

#JSWSTEEL #SAIL #NATIONALUM #TATASTEEL #HINDALCO #TATASTLLP #OIL#JSWSTEEL NSE: JSWSTEEL CMP: 764 TP: 950 SL: 680 TF: <6m RR > ~2 times Return > 23% JSWSTEEL JINDALSTEL SAIL NATIONALUM TATASTEEL HINDALCO TATASTLLP JINDALSAW JSL JSLHISAR JINDWORLD JINDRILL JINDALPHOT JINDALPOLY VEDL Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
NLong
by Rachit_Sethia
JSWSTEEL - Long view Once can buy JSWSTEEL above 769.30 for a price Target of 845++ with a Stop Loss of below 719. Once prices move above 790 levels the stock could give a new breakout. We also have RSI at around 64 and the prices trading above all important EMA which could support the movement of the prices. Today the stock moved up 4.47% with a volume of 49,92,699.00. JSWSTEEL is trading at a P/E ratio of 8.5 compared to the sector P/E ratio of 13 makes it an attractive pick. The views presented are of the author and do not represent a trade. Kindly consult your financial advisor before investing.
NLong
by ruelfernandes
JSW Steel Ltd Double Bottom BreakoutThe idea here is about JSW Steel Ltd: JSW Steel Ltd. is a holding company, which engages in the production, distribution, and trade of iron and steel products. It offers hot rolled and cold rolled coils and sheets; galvanized coils and corrugated sheets; galvalume products; steel doors; and light steel building solutions. My view is short term Bullish for the below observed technical factors. Points as per TA observed on a daily Chart: 1. Broken out of Double Bottom pattern as per below: 2. Broken Out of Contracting Triangle on a daily chart on 27th Oct 2022 as per below: 3. Bearish Navarro 200 Harmonic Pattern observed on a daily chart & Price may retest 678.05 ( Swing B of Bearish Navarro 200) as per below: 4. Trading above 20 & 200 EMA on a weekly & daily chart. 5. Ichimoku Cloud analysis: Kumo Breakout & Kumo Twist on a daily is a strong upward momentum & weekly is Neutral at the time of publishing. 6. RSI is at 61.77 on a Daily Chart and 56.03 on weekly chart at the time of publishing. 7. MACD above signal line on weekly & daily chart. 8. Hull Moving average on daily is a sell and Strong buy on Weekly & monthly. Other averages are strong buy on daily, weekly & Monthly. 9. ADX ( Average directional index ) trend strength is at 18.30 on a daily & 7.45 on a weekly which indicates a absent or weak trend ( ADX between 0-25 is a Absent or weak trend. 10. No divergence observed. Projected Target with %: Double bottom & contracting triangle provided in the chart. However, would recommend for retest to be completed. Stop Loss: provided in chart. Wait for retest confirmation on daily chart for double bottom. Disclaimer: “The above is an Educational idea only and not any kind of financial or investment advice. So Please do your own DD (Due Diligence) before any kind of investment”. Do you like my TA & ideas!! Want to keep yourself updated with current market action? Then don’t forget boost & to subscribe for more analysis. Do leave your valuable feedback & comments for any improvisations. Cheers.
NLong
by Tron029
JSW STEEL FOR INTRADAY 12/12/22Here the price made broke a swing high on daily time frame and took retest but the retest is not strong and also the price made a inverted head and shoulder pattern which is reversal pattern so here we can go short on breakdown and retest of the 836.00 level. DISCLAIMER: This is my own analysis and you do your own analysis before you take any trade and i am not sebi registered and contact your financial advioser before taking any trades .I am not responsible for your profit or loss.
NShort
by Aravindk3535
JSW STEEL - Butterfly PattenJsw Steel looks good on all time frames, the weekly and daily charts are in sync helping prices to move swiftly. There is a probability of the Butterfly pattern, which is a five-legged harmonic pattern, which if unfolds can take the stock to 725 to 755 levels in the coming weeks. I would wait for a Dip to enter the stock, however, there are chances that we might not get a dip, as price action looks quite strong. So I will take FOMO trade right now, despite strong price action, because it is better to wait for a halt than jump on the fast-running train. Hence if the dip comes, there is a trade on the table. otherwise, move on to the next bet. Support at 670-680
NLong
by manuagarwal21
Metal Stocks to rally next Keep an eye on Metal stocks the Index brekout bound to happen . JSW steel is breaking out with volumes : NIFTY target 17500 , JSW targets as shown . ==================================================================================== Fundamental : Revenue 20.3% NetProfit 39.3% OperatingProfit 27.2% Strong Annual EPS Growth Effectively using its capital to generate profit - RoCE improving in last 2 years Effectively using Shareholders fund - Return on equity (ROE) improving since last 2 year Efficient in managing Assets to generate Profits - ROA improving since last 2 year Strong cash generating ability from core business - Improving Cash Flow from operation for last 2 years Annual Net Profits improving for last 2 years Book Value per share Improving for last 2 years FII / FPI or Institutions increasing their shareholding ======================================================================================= ## F&O data suggests Short Covering today ## Positive Breakout Second Resistance ( LTP > R2) ## Stock with Low PE (PE < = 10) ## RSI indicating price strength
NLong
by TechieindusTrader