ponraj_srinivasan

JSW STEEL - Near Profit booking zone at monthly time frame

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NSE:JSWSTEEL   JSW STEEL LTD
JSW STEEL - Market is approaching Profit booking zone after taken support from Ascending Triangle pattern resistance

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Comments

Need chart explanation. So R6 will be the profti zone or how to find out next pull back resitance level ?
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ponraj_srinivasan AmHarikrishnan
@AmHarikrishnan, It market crosses above profit booking zone then we will get new pattern format. But we may need to wait for confirmation whether it's going to be breakout or reversal from the zone
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AmHarikrishnan ponraj_srinivasan
@ponraj_srinivasan, okay. Thank you.
Reply
ponraj_srinivasan AmHarikrishnan
@AmHarikrishnan, I will keep you posted for further updates based on market direction
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