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JSW STEEL LTD
Long

JSW Steels Ltd Long @ Rs 735 or below

By praveen.gupta
Updated
JSWSTEEL
Entry 735 or Below
Target 800 + New ATH
SL 718
Time: 2-3 Week
JSW Steels Ltd is trading at 737 and getting support in lower time frames of 5 and 15 minutes . Demand is being maintained so downside risk looks low. on Supply-side zone formed earlier at 756 to 772 has been broken and there is no supply to resist the price moving up. Buy and hold for the 2-3 weeks.


Disclaimer: the author may enter in trade, take your own decision , This is a trading idea, not a trading or investment advice
Trade closed: stop reached
Stock opened gap down and SL reached
Multiple Time Frame AnalysisSupply and Demand
praveen.gupta

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