Analysis of JSW STEEL

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CHART ANALYSIS OF JSW STEEL

Chart Analysis :- On Hourly TF of JSW Steel we can see Stock is making symmetrical Triangle pattern which is Bullish pattern . Currently stock is in consolidation if it gives breakout from upper trend line of triangle with a good volume then we can see our expected targets. We can confirm our entry with help of indicators .

• RSI is consolidating above 50 levels
• ON DMI DI+ line is above the DI- line and ADX is also supporting with 24 levels.
• MACD is consolidating and above the Break even point

Entry point- 710 - 712

Target -
725
736
771

Stoploss –

• 692

Disclaimer :- I am SEBI registered Analyst , I can be 100% wrong please do your own research before investing.

Trade chiuso: stop raggiunto
Stop LOSS hit..
Trade chiuso: obiettivo raggiunto
1st Target Achieved...!!!!!
Trade chiuso: obiettivo raggiunto
2nd Target achieved!!!!!!!!!
Chart PatternsTechnical IndicatorstechnialanalysisTrend Analysis

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