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Jswsteelltd

🤦🧪📉 Example JSW Steel - Selling on Strength Helps NSE:JSWSTEEL An Introduction to Price Action Trading Strategies helps for long-term investing as well. Here in this example of JSW steel,where would be better off selling in price action strength when stock price jump usually at a higher level The first thing I do is look at the chart and see if it has any apparent patterns. If not, then I will look at the volume profile. This tells me whether the stock is driven by fundamental news or technical factors. Exiting would have saved you 17 months of underperformance and also testing your patience. Learn the Opportunity cost your money disc: Never invested , no intention at the moment. Sharing knowledge that
NSE:JSWSTEEL
by Peaceful-Weekend-Investing
JSWSTEEL--Drop Base Dropprice is trading in bullish channel form long time. taking the support multiple times from trendline This stock is now in consolidation we detected a drop from the upper resistance channel, after a long time consolidation price is moving upside to test this resistance, if price comes to bottom side,trendline is ready to push the price up,if failed to push the price up, then will look for short side from the topside of consolidation area. keep an eye on this stock for short side.
NSE:JSWSTEEL
by IIT-Trader
1
Trade and Analysis for JSW STEEL We see that Price has completed its Waves 1 and 2 and currently we have Wave 3 onn, we can consider this to be one of the strongest moves this stock is experiencing right at the moment. We see the Fibonacci Extension levels, now we have the next level 261.80% of Wave 1 which is Rs. 1209.90, this is the level to which Price will come. Currently Price has formed a Fresh Monthly Demand and this is a Trade zone with a Target derived as per the Fibo Extension.
NSE:JSWSTEELLong
by WavesandZones
JSWSTEEL--Trading in Downward channel??this stock is trending downwards.. now the price is at Resistance Zone... if it failed to break the channel it will continue its fall, and again trading in a channel keep safe before long from here. On bottom side we have a demand zone lies at 700 and 650 levels...look here for buy. look for buy if price comes back to the support and look for short if price comes to resistance. on topside we have a strong resistance area at 800 and at 840. Trade safe... If these ideas are helpful...give me your support and Encouragement. Follow for more. Thank you.
NSE:JSWSTEEL
by IIT-Trader
1
JSWSTEEL--Demand zone @780 level After successfully closing the bearish gap , the price has established a bullish channel, and it is currently trading within this channel. If you are considering a short position, it's advisable to exercise caution and wait for a clear break and retest of the channel's boundaries. Additionally, t here is a notable demand zone located around the 780 level , which could provide support. Conversely, on the upside, there is a strong resistance zone at 832, which is currently acting as a significant barrier. There's a possibility that the price may face a reversal from this zone. Therefore, it's crucial to exercise patience and avoid taking a short position until we witness a confirmed break and retest of the channel boundaries, as this will provide more clarity on the price direction.
NSE:JSWSTEEL
by IIT-Trader
2
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.... If this post finds Helpful...please Encourage me with a like button. Thanks in advance...
NSE:JSWSTEEL
by IIT-Trader
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.
NSE:JSWSTEELLong
by ruelfernandes
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
NSE:JSWSTEELLong
by manuagarwal21