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JSWSTEEL

JSW Steel at strong resistanceJSW Steel near the strong resistance levels for 5th time since 2 years near 770-775 Expecting the strength of the resistance to be less on this 5th attempt and have a possibility of a breakout on the north. Also shows Flag pattern if pattern is looked upon. Near term I am expecting it to go 868-997 if it breaks out with good volume. Other charts of same Sector should be checked if the sector has a momentum. No recommendations, just my view based on chart.
NSE:JSWSTEELLong
by viki9
JSW steel at interesting levels 05/06/23.JSW steel on the weekly charts has been consolidating in a range and trading around the 20 ema. The stock has taken support from 0.618 fibonacci level but unable to close above 0.382 levels. It is consolidating in the same range. Stock can give either side movement and is currently trading near the resistance levels. On the daily time frame, the stock is trading around 20 and 200 ema. The moving averages are close enough. There will be a confirm long or short trade as moving averages will also be giving a break out or down. Intraday and swing trades can be initiated if the stock starts trading outside the box. Wait for the price to retest the break out or break down levels. Swing trades are there on the charts. Must watch for a price action near the levels before entering the trade.
NSE:JSWSTEEL
by TheMamboMomentum
JSWSTEEL NEXT TARGET 660JSWSTEEL Breakout happened in a lower time frame i.e on 15 minutes. So the next Target expected for JSWSTEEL is 660 IN my previous calls, I explained about the movement of the BPCL, ADANIET and JSWSTEEL. Check my prev calls. Explained about SL and the Target in the video posted in TradingView Tradingview ( TanujaK) is my profile. NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. NOTE: RESPECT The risk. SL should not be more than 2% of the capital. Happy Trading
NSE:JSWSTEELShort
by TanujaK