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
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.