JSW Steel Breaking Out Diagonal Pattern (Bearish)
Updated
The price action on hourly charts indicates that there is high selling pressure that has broken out from preceding diagonal pattern. It simply indicates weakness and dominance of sellers.
Target 1: 1668 (i.e. Fibs retracement levels of 0.382)
Stoploss: 1840
Target 1: 1668 (i.e. Fibs retracement levels of 0.382)
Stoploss: 1840
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Now pursuing to target 1, get your shorts on
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