indiamarketoutlook

JSPL: Near Support levels

Largo
indiamarketoutlook Actualizado   
NSE:JINDALSTEL   JINDAL STEEL & PWR
JSPL

- the stock is currently trading below it's 50 day

- The stock is currently near it's 200 day EMA (a tad below to be precise)

If 200 day EMA is withheld and the stock goes above 50 day EMA, then Target for the set up 418 / 447

- Given the volatility, consider buying in 2 tranches - one at current levels and have provisions to buy on dips towards 340-350 zone in case if that comes

Ignore if you are looking for short term quick gains.

Take care & safe trading...!!!

Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Operación cerrada: objetivo alcanzado:
From 376 to 444.80

Target given 447

CMP 438

Consider to book profits

If made profits from the set up, then credit goes to Krishna ji for highlighting this set up. You can thank him for the same 😀

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.