eastwind65

JSW STEEL FORMING A ROUNDING BOTTOM CHART PATTERN

NSE:JSWSTEEL   JSW STEEL LTD
After making an ATH of 773 it started to form a Rounding Bottom and is nearing the same Resistance Zone around 766-774.

Potential to retrace from here.

It has to break this resistance to see further upside.

Comments

Looks like it has made double Top.
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eastwind65 luckyGnu83400
@luckyGnu83400, Yes and if you go to a lower time frame like 1 hour you can also find out that there is a Bearish Divergence.
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