JSW Steel channel consolidation breakout bullrun

19 thg 5

JSW steel has good move pending on higher levels. above 920 it can break the channel patten. Mostly bullish upmove possible. 760 is major support range below the channel breakdown it can give good fall till 400 which is more unrealistic. Expecting bull run in this stock. Jindal steel already given. JSW steel has pending move. Focus. Although this flag patten is slightly bearish pattern but now a days these pattern upper side breakout give rocket move too.

Keep this in mind. Options is a dangerous instrument to play. Please do not go wild on anything unless you know exactly what you doing. Even though your direction is right still you tend to loose in option buying. And market can always prove me wrong and i take that rights too. Experience traders also fail in this market. Only risk management will give you an edge. Don’t take any trades without SL. Respect the market, Ungli nahi katoge to pura hath katna padega. Beware.


DISCLAIMER: I AM NOT SEBI REGISTERED ANALYST. ALL POSTS ARE EDUCATIONAL PURPOSES.NON ADVISORY, DISCRETIONAL NO CLAIMS, RIGHTS RESERVED. I AM NOT RESPONSIBLE FOR YOUR PROFIT OR LOSS.

24 thg 5

Ghi chú

Above 950 it will give good move. May be can consider after elections.

26 thg 5

Ghi chú

Also cup & handle pattern formation too. Straight target will be 1000.

28 thg 5

Ghi chú

Let it cross 915 for further powerful upmove.

29 thg 5

Ghi chú

Rounding cup pattern breakout then it failed multiple times now sustaining above W pattern. Will give big move.

12 thg 6

Ghi chú

Getting ready for the huge move. 915 to 950 then 1000 1100 very soon.

16 thg 6

Ghi chú

This pattern rarely fails. sooner or later 1000 loading.

19 thg 6

Ghi chú

consider every dip as buying opportunity in this counter.

20 thg 6

Ghi chú

Breaking out.

21 thg 6

Giao dịch đang hoạt động

Breakout done in day candle. It's ready for big upmove now.

25 thg 6

Ghi chú

Consolidation on higher levels. Still active.

27 thg 6

Ghi chú

On the go. Focus. Full active

28 thg 6

Ghi chú

JSWsteel strong breakout of orthodox cup & handle in main pic plus see the below. 2 slanting cups. Keep in radar. Full Active trade with 914 SL

2 thg 7

Ghi chú

need one candle sloce above 949 now. for further move.

3 thg 7

Ghi chú

Closed above 950 first time. tomorrow might be a day.

6 thg 7

Ghi chú

Weekly candle holding above the breakout. Which is good sign.

8 thg 7

Ghi chú

Day candle is still on the trendline.

27 thg 7

Ghi chú

Reclaiming 900 levels again.

23 thg 8

Ghi chú

ready again. keep in radar for sept series. Good price action building.

15 thg 9

Ghi chú

955 and above closing will be again good for this stock.

24 thg 9

Giao dịch đang hoạt động

JSWSTEEL again in action. Keep an eye.

5 thg 10

Ghi chú

JSWsteel all initial targets done. now above 1060 next will be 1150 1240 1370 1540.......

7 thg 12

Ghi chú

Great bullish pattern. short term target intact.