JSW HOLDINGS LTDLong
JSWHL CHART ANALYSIS
Updated
BUY JSWHL Above 4260
SL 4086
Target 1 = 4466
Target 2 = 5000
Target 3 = 5400
Reasons to consider Buy
A). FUNDAMENTALLY = GOOD
B). TECHNICAL REASONS as follow =
1). RSI Daily Above 50
2). RSI Weekly also showing good up side momentum
Why to buy above 4260 ?
Ans. : There is Monthly camarila resistance 4 which considers as a good breakout level.
Why Target 1 is 4466?
Ans. : Technically Speaking Previous Support becomes Next Resistance. In chart you may seen this also there is a naked CPR and a Fancy number.
Why Target 2 is 5000?
Ans. : Technically Speaking Previous Support becomes Next Resistance. In chart you may seen this also there is a naked CPR and a Round number.
Why Target 3 is 5400?
Ans. : In chart you may seen this also there is a naked CPR.
SL 4086
Target 1 = 4466
Target 2 = 5000
Target 3 = 5400
Reasons to consider Buy
A). FUNDAMENTALLY = GOOD
B). TECHNICAL REASONS as follow =
1). RSI Daily Above 50
2). RSI Weekly also showing good up side momentum
Why to buy above 4260 ?
Ans. : There is Monthly camarila resistance 4 which considers as a good breakout level.
Why Target 1 is 4466?
Ans. : Technically Speaking Previous Support becomes Next Resistance. In chart you may seen this also there is a naked CPR and a Fancy number.
Why Target 2 is 5000?
Ans. : Technically Speaking Previous Support becomes Next Resistance. In chart you may seen this also there is a naked CPR and a Round number.
Why Target 3 is 5400?
Ans. : In chart you may seen this also there is a naked CPR.
Note
T1 HIT
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