JSW STEEL LTDLong
JSWSTEEL | Breakout | Technical Analysis | Long Opportunity
Updated
3 Reasons to BUY this stock. Don't miss this opportunity.
1.Company to announce very good quarterly results
2.Trend Breakout in multiple timeframes. Daily, 4 hours, 1-hour timeframe
3.RSI hitting 60 mark and MACD showing reversal signs
Technical Indicator used Fibonacci Extension
Buy around 722 with Stop loss set at 710
Target 1 will be 739
Target 2 will be around 748
Please comment and share your views on this.
1.Company to announce very good quarterly results
2.Trend Breakout in multiple timeframes. Daily, 4 hours, 1-hour timeframe
3.RSI hitting 60 mark and MACD showing reversal signs
Technical Indicator used Fibonacci Extension
Buy around 722 with Stop loss set at 710
Target 1 will be 739
Target 2 will be around 748
Please comment and share your views on this.
Note
Update 26/07/1Stock is showing up trend again after initial pullback from breakout
Note
Target 1 ACHIEVED. Yayyeee...
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