Support from strong trend line, Respect all fibo levels and expected to achieve 1.2 Fibo level in coming weeks.
The stock price has given bearish breakout from the Head and Shoulder pattern on the daily chart. It has breached crucial supports of 50 and 100-day EMA. Indicators and oscillators like RSI and MACD have turned bearish on the daily charts. Sale with stop loss of 740 and buy at 650/640...You will get total returns 8-9% in short terms... If you like my work please...
JSW Steel Futures is confined within a channel Very high probabillty to reach upper channnel line.. Buy @ 695 SL 680 Tgt1 740
#JSWSTEEL trading 629 formed bearish patern, yesterday trading our retracement level, we can sell below 627 and tgt for 607, follow SL 626.5 closing basis
Bought 1 Lot Of FUTURES Entry Price ==== 674 Stop Loss ==== 646 Lot Size ===== 1350 Margin Requirement ==== 2.45 LAC Target ==== 706
With metals on spree , Jswsteel looks like will give breakout soon, keep an eye, here is a beautiful pole & flag pattern. Simple price action, no jazz!
I am going to buy JSW STEEL :) its on demand zone