dakshjain76

JSW Steel, Swing

Long
NSE:JSWSTEEL   JSW STEEL LTD
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 :)

Comments

Don't worry guys . Graphs usually fails and this time so it will . JSW STEEL PRICE WILL BE RS 5000/-- IN NEXT TEN YEARS. Ten years ago it was around Rs.100/- and 15 year ago around Rs 30/--. Even in short term of 3-6 months time it can touch Rs 900/- easily or you can sell it in price of Rs 830-850 /- any time in next one to two weeks. Try to be invester in company not in shares if you want to earn money.

Regards
Research Analyst
Gauri
simplegauri123@gmail.com
+1 Reply
ADD MORE AND HOLD JSW STEEL FOR SHORT TERM TGT OF 730. FOR MORE VISIT TELEGRAM @WOLFOFDALALSTREETOFFICIAL
+1 Reply
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