-> JSWSteel having two moderate resistance, 270 and 278.
-> Once its breaks hopeful for 290 in few weeks.
-> Otherwise chance for drop upto 240 range in next few weeks.
JSW is most likely in a complex corrective pattern and I don't think there will be major down moves from the current levels. There is a high probability that it will swing up first - not breaking the high above the trend line- and then start moving down. There is no buy setup yet, it could either setup in the next few hours or we might see a sell setup at the...
can go long above 288 with specified stoploss.
it is trading at support and has not broken it for three four times..once it starts moving upward and closs above 288..it is a buy.
You should always have a plan in case the opposite happens since it will happen often.
High 3 (this can is attracting buyers/scalpers/chartist attention)
-> High of the candle is higher than H2, and H2 is higher than H1.
Volume is on average as normal.
The trading range is tight and high trading activities and price rotation found.
We have found a...
2 years ago in Feb 2016 , Nifty and Nifty Metal did bottom out together after that a year later, in Jan 2018 Nifty and Nifty Metal both made a top as well. Since then Nifty Metal is underperforming compared to nifty, while nifty climbing back to new highs, Nifty metal is just started advancing month ago.
Current rally in metal index is showing strength but need...
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