Head and Shoulders - on weekly chart
Updated
JSWSTEEL Target1: 367 - 370
Immediate support: 350-345 on closing basis.
If price BO the channel in any direction, Big move will be there.
Note
Taking resistance near trendline. Today reached 364.65 and closed 355.60. wait for trendline BO.Trade closed: target reached
Target1 Done. Close watch for Breakout on closing basis.Note
Trade active
Breakout above the trend line. Target Towards 420, 440, 450Note
Target1: reached. Book profits at high levels. Support at 350 level
Related publications
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.