JSWSTEEL

Aug 20, 2023

• Prices are re-testing its breakout zone (770-790).
  
• Sustaining above 770 would keep bullish outlook intact.
  
• Prices in a new high territory, so it’s a Buy and Hold.
  
• CONCERN is that Weekly RSI is yet to move past 66.
  
• A Weekly Close below 770 would extend correction to 680.
  

Oct 7, 2023

Trade closed: stop reached

Stock has failed to survive breakout, will relook at 680, or on a fresh breakout.