mklives

JSW STEEL.. raising wedge

Short
NSE:JSWSTEEL   JSW STEEL LTD
JSW STEEL forming a rising wedge with higher high in price and rsi finding resistance at the previous top.
expecting a test of 20 dma to start.
immediate supprt at 326 327

note: this is just for reference and study purpose. do your due diligence before trading or investing
Trade closed manually: still inside wedge, but no weakness
Comment: reststed trendline above again and corrected sharply today.