JSWSteel on way back to 600Positive divergence formed on RSI and it managed to close above Fib retracement 1.41 level but it has a minor resistance around 557 and once it clears that, 595-600 would open up.
Disc: Not a sebi registered adviser
JSWSTEEL trade ideas
JSW STEEL Market has make a good pattern. If the market break resistance then we can do long position and if market break support then we can do short
#JSWSTEEL #FLAG #EW #Bearish JSW Steel 1D: Perfect candidate for sell on rise. Copy book Inv flag pattern. Even EW is triggered here. Sell around 575. Aggressive ones can sell 50% now and rest 50% between 575-580. In both the cases SL is 600 on closing basis. Tgt 8-10%.
JSW STEEL sell for intraday tradingJSW STEEL sell for intraday trading if stock break the given support level then we will short the trade .......
JSW steel buy for intraday tradingJSW steel buy for intraday trading if stock and METAL sector was also strong then we will enter in trade..........
JSW STEEL buy for intraday tradingJSW STEEL buy for intraday trading if stock and METAL sector was also strong then we will enter in trade........
JSW STEEL sell for intraday tradingJSW STEEL sell for intraday trading if stock and METAL sector was also weak then we will sell the stock..........
JSWSTEEL Price seems downtrend
And nice trend line It will bounce back if price take support @427
OBSERVATION ONLY 👍🤝
JSW Steel Analysis JSW steel make a W pattern which represent the bullish power of the bulls. If the stock break the structure and the 200 EMA on its lower time frame then go for it.
It is also a swing trade if you see the chart on 1Hr time frame it make a clear W pattern and we can book the profit at 200EMA.
(Always Do your own analyis )
JSW Steel buy opportunityJSW Steel has created a bullish hammer yesterday i.e. 25th April 2022 at immediate flip support and this can be a good buying opportunity with SL as yesterday's candles' low.
JSW STEEL sell for intraday tradingJSW STEEL sell for intraday trading if stock and METAL sector also weak..........
JSW : steel can shine?Showing strength, broken out of parallel channel, if the market supports, we are going to witness at least 52weeks high
JSW Steel Breakout Trade for Booking ProfitsThe stock will go up if it gives a breakout because. Stock touched the resistance points 3 times. Ema Crossover also giving buy indication and MACD buying indication.
JSW STEEL buy for intraday tradingJSW STEEL buy for intraday trading if stock break the previous day's high then we will enter in trade..........
JSWSTEEL getting ready for next upmove?After an extraordinary bull run from March 2020 to April 2021, JSW steel has been consolidating from the past one year.
It has already given a breakout from flagpole pattern and has reached its ATH which is 776.50.
RSI is looking very strong as it is above 60 in the weekly TF. Looks like a good swing as well as positional trade if it sustains above 775 . One can add on dips upto 725-730.
This opinion is just based on my personal analysis and not a trading suggestion.
Bullish flag pattern. JSWSteel.JSWSteel
Bullish flag pattern.
Good entry around 715-720 if it comes to that.
SL 560
Target 800, 900, 1000+
JSW Steel Triangle pattern on 15minutes timeframe
you can buy on breakout
it was for intraday purpose
