JSW STEEL- Bull run 2.0?

tradewithamey_ Updated   
We have seen an amazing bull run in JSWSteel during the metal sector rally of 2020-21.
Since then, stock has been consolidating with 770-780 acting as a strong supply zone for the stock.
However, the stock has recently taken support from a 3 year old trendline and currently standing at the same supply zone.

If the stock manages to sustain above 780-800 for a couple of weeks, it will confirm a breakout of a flag consolidation and we can expect Bull run 2.0 in this stock as well as other metal sector stocks.

Note:- Metal sectors are cyclical in nature. Please invest/trade accordingly. This idea is shared for educational purposes only and should not be taken as a recommendation.
Additionally, an unorthodox inverted head and shoulders can also be seen in the chart. The weekly RSI is above 60 and in upward direction.
You definitely shouldn't miss this breakout.
Trade active:
Stock has started a good uptrend.


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