In the last 5 trading sessions,the stock is up about 6%.. I think the result is already priced in and the stock will correct again to 2600 levels.. Lets see..
Enough consolidation. Time for a big move.. :)
See the charts..
Buy with a SL of 307 TGT 324.
Before results participants becoming bullish. Its a good sign. TGT explained on charts.
I think its a good time to short. Everything is against the stock. MACD crossover,Resistance zone,Rupee appreciation against USD. Everything..
Metals are shining, Every stock,be it Tatasteel,SAIL,JSPL have increased significantly. I think its now the time to buy JSWSTEEL. I think the given target would be achived by end of this month.. On daily charts the stock has formed THREE WHITE SOLDIER pattern. Believe in Markets. Believe in Technical Analysis.
ROUNDING BOTTOM ON DAILY CHARTS. BUY FOR 650/660. SL 510 TIME HORIZON-1 MONTH
SELL FOR A TGT OF 10375/10350 SL 10500