JSW Steel, Swing

JSW Steel is forming a descending triangle. A break from the trendline can be traded for a target of 730 which is a high resistance region with a stop loss of 670. 673 level has support of 200 EMA, that's why SL can be taken at 670.

Make sure to trade what happens and not what you expect :)

Note: Please do not follow my idea blindly, please analyze yourself as well. I just share my idea so that people can build upon the same. The idea I share is open to healthy criticism and feedback :)
breakoutChart PatternsDescending TriangleTechnical IndicatorsJSWSTEELNIFTYniftymetalstoplosstargetTechnical AnalysisTrend Analysis

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