Rachit_Sethia

#JSWSTEEL #SAIL #NATIONALUM #TATASTEEL #HINDALCO #TATASTLLP #OIL

Long
NSE:JSWSTEEL   JSW STEEL LTD
#JSWSTEEL
NSE: JSWSTEEL
CMP: 764
TP: 950
SL: 680
TF: <6m
RR > ~2 times
Return > 23%

JSWSTEEL JINDALSTEL SAIL NATIONALUM TATASTEEL HINDALCO TATASTLLP JINDALSAW JSL JSLHISAR JINDWORLD JINDRILL JINDALPHOT JINDALPOLY VEDL

Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.

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With 💚 from Rachit Sethia

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