atvel75

JSWSTEEL - View

Long
atvel75 Updated   
NSE:JSWSTEEL   JSW STEEL LTD
JSW steel is forming cup and handle form. Currently it is in the process of forming the cup (when the price reaches 731). It may form handle in case if it does not break out 731. If it forms handle, it may come to 710.
Comment:
After break out of 731, it achieved the 1st target ofg 753. It may take a pause and reversal if nifty falls from here. If not it may achieve the 2nd target as well

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.