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samintrehan100
Sep 5, 2021 5:29 AM

JSW STEEL Short

JSW STEEL LTDNSE

Description

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.

Comment

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 .
Comments
samintrehan100
Hope it helps
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