JSWSTEEL--Bullish or Reversal
Updated
Observations:
Jswsteel is trending upwards.
After a strong break out to the upside price is not moving,price may again turned to be bearish from this level.
Previously after breaking trend line price is not retested to that level.
May price want to test this level of support again(655-660).
Jswsteel is trending upwards.
After a strong break out to the upside price is not moving,price may again turned to be bearish from this level.
Previously after breaking trend line price is not retested to that level.
May price want to test this level of support again(655-660).
Trade closed: target reached
Note
Taken the support from previous Resistance level, wait for more confirmation for long
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Also share your thoughts in the comments section.
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