TradZoo

Falling Wedge Pattern Breakout in JSWSTEEL

Long
NSE:JSWSTEEL   JSW STEEL LTD
On Daily TimeFrame, JSWSTEEL given breakout of falling wedge pattern. After this breakout it indicates some retracement upto breakout level in last 2 days trading session. Expected it will reversal from this level and continue it's breakout rally towards the projected target 725 and 775+ in upcoming trading sessions. Can Go long above 670 for this targets.

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