TradingWithRahul

3 reasons to buy || JSW steel

Long
NSE:JSWSTEEL   JSW STEEL LTD
1) Bounce from Horizontal channel support.
2) A engulfing green candle on support.
3) A 1:2 risk-reward ratio.
Can be bought for a target of 750-755 (12% opportunity). CMP-670 and SL will be 630 on a closing basis. Do FOLLOW for more ideas.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.