JSW STEEL LTD
Short
Updated

JSW STEEL

JSW STEEL GAVE A BREAKOUT IN RECENT PAST OVER A SMALL TRENDLINE. It showed little consolidaton after that. Now it has made a nice symmetrical triangle after the consolidation. CMP- 690. WE CAN SEE A GOOD UPWARD MOVEMENT TILL LEVEL 700 FROM HERE. IF IT SUSTAINS THAT AS WELL THEN MORE UPWARD MOVEMENT .I have attached chart for your references.https://www.tradingview.com/x/7ZBgOTAR/
Note
As metal sector recovers more, Move is bound to come in this stock very soon . Been in good consolidation. Above 700 expect something good in this stock .

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