this_is_shoaib

JSW STELL BREAKOUT and H&S PATTERN

Long
this_is_shoaib Updated   
NSE:JSWSTEEL   JSW STEEL LTD
Hello guys hope you are doing good today, in yesterdays post I asked you guys to short TECHM and it ave a good profit in nitraday as it fell more than 40 points and target 2 was hit. Same case with WIPRO, all I.T stocks looking weak.

Now speaking of this script that is jswsteel I see that there has been a breakout with good volumes, this once tries to give a breakout few days ago but failed.

Now it has given a breakout above the counter trendline with good volumes
An inverted head and shoulders pattern is also seen here.

Buy above - 689
Targets mentioned in the chart above.

Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding.

Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
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