JSW STEEL-Retesting LVLS -Daily Timeframe- Keep eye 26th June
As per the daily Chart JSWSTEEL BO near 730-740 lvls.
Stock has taken rejection on its previous high near 786-790 lvls.
Now it is retesting its Break out lvls which are 730-740 along with that it is hovering near .5 fib lvls.
Keep eye if we come across any bullish price action in 1hr chart we can go long and keep SL below the that price action lvls.
This analysis is only for learning and educational purpose. Please manage your risk accordingly.
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.