JSW Stee
JSW Steel is in a strong uptrend, nearing the upper resistance of an ascending wedge pattern. With the price above key moving averages, a recent volume spike, and a bullish MACD crossover, momentum appears positive. For an optimal trade, consider an aggressive entry around ₹981-₹985 or a conservative entry near ₹945-₹955 on a pullback. Set a stop-loss below ₹940 to protect against trend reversal, and target ₹1,020 and ₹1,050 on the upside.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.