JSW Steel
After a long time price has formed a strong bull candle near the resistance zone. 1020 is important for the bulls to gain strength and sustain to move up.
Buy level if you are a cautious trader is above 984 - 988 zone with stop loss of 979 for the targets 996, 1003, 1011 and 1018. You can book profit or trail for further profit depending on bullish strength at the zone 1020.
Next resistance is seen at 1060 zone.
Same time you should keep these observations in mind before taking any trading decisions.
Up trend is slow and choppy though we have got good momentum today.
Price is near to the resistance zone 1020.
Bears are still hiding, that is why upward movement is slow. If they decide to take control, price can fall fast from the resistance zone.
Note : Always do your own analysis. Your decisions create changes in your capital only.
Buy level if you are a cautious trader is above 984 - 988 zone with stop loss of 979 for the targets 996, 1003, 1011 and 1018. You can book profit or trail for further profit depending on bullish strength at the zone 1020.
Next resistance is seen at 1060 zone.
Same time you should keep these observations in mind before taking any trading decisions.
Up trend is slow and choppy though we have got good momentum today.
Price is near to the resistance zone 1020.
Bears are still hiding, that is why upward movement is slow. If they decide to take control, price can fall fast from the resistance zone.
Note : Always do your own analysis. Your decisions create changes in your capital only.
Note
Made high 1016. Let us see whether price sustains above 1020. 
Role I play here : Moderator. Follow me in telegram to trade better. t.me/Analysis4Newbie
Option course on March 15.
Mail id : tradingplan4u@gmail.com
Option course on March 15.
Mail id : tradingplan4u@gmail.com
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.
Role I play here : Moderator. Follow me in telegram to trade better. t.me/Analysis4Newbie
Option course on March 15.
Mail id : tradingplan4u@gmail.com
Option course on March 15.
Mail id : tradingplan4u@gmail.com
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.