JSW STEEL Confirms Bearish HEAD & SHOULDER PATTERN

By NeeteshJain

Points noted on Daily Chart,

1. Head & Shoulder Pattern completion with confirmation of high volume selling at previous resistance level.

2. Double Top with Bearish Divergence in RSI

3. Risk & Reward ratio at great deal

In my opinion, this one is a short for now.

Head and ShouldersjswJSWSTEELnifty50steel

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