Jswsteel..Parallel channel breakout & Retest at support level🎯

-----------------------🙏🙏NAMASKAR 🙏🙏-----------------------------
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⭕Day Trading opportunity ! min Chart Alert !!! ⭕

--Bought above =358 or CMP
--Target = 385
--Stop-loss =352
--Lot Size = 2700
--R:R = 4.36
--Expected Profit = 72,000 ₹ per lot ( 7.47 % )
--Expected Holding = 5-15 day only
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⭕Technical Reasons to trade or Strategy applied :- ⭕

1) bearish parallel channel breakout
2) after breakout , retracement happened at support zone
3) perfect area to buy
4) steel sector is performing good with huge volumes


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Trade closed: stop reached