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JINDAL SAW LTD
Long

Ascending Parallel channel in JSW

By Saket_Ojha
JINDALSAW An ascending parallel channel has been formed in weekly & daily channels out of which a current daily bullish candle confirms the reversal of the falling stocks
A confirmed buying can be when it crosses the parallel channel at 310 or risk-takers can accumulate at current levels.
Another bullish signal is the crossing of the EMA 200
Note
still consolidating at support
Bullish EngulfingbullishpatternjswmovingavarageMoving AveragesMultiple Time Frame AnalysisParallel Channelparallelchannels
Saket_Ojha
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