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JSW STEEL Confirms Bearish HEAD & SHOULDER PATTERN
JSW STEEL LTD
Short
JSW STEEL Confirms Bearish HEAD & SHOULDER PATTERN
By NeeteshJain
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Feb 28, 2016
7
Feb 28, 2016
Points noted on Daily Chart,
1. Head & Shoulder Pattern completion with confirmation of high volume selling at previous resistance level.
2. Double Top with Bearish Divergence in RSI
3. Risk & Reward ratio at great deal
In my opinion, this one is a short for now.
Head and Shoulders
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JSWSTEEL
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