JSWENERGY is showing buying pressure at this level. -MACD is crossing bullish on the 1H which will take the price past 45. -Resistances are at 46.5 and 49. -Please leave a like :)
JSW shall drop to 14,5-15 PLN and get another major rebound.
Hello Guys, Buy only above 173 for Target toward 180-185-190 (Control Price), I have not seen any elliote wave in the short time frame, soon I am analysis In bigger time frame in which we use multiple setups for a more clear picture, If you don't Like Red background colour then message me I will change in the next setup Thanks, needs your to support by liking and...
Further updates upon more significant development. For now instrument on a watch list.
JSW Steel is likely to rise above the current resistance as there is an increasing volume and momentum approaching. Next level: 201 Thank you for reading, hope you have a green day!
This has started a strong up move after completing a flat pattern. It's likely to break out at higher targets up.
This has broken through a long term weekly trendline. It's now correcting to the downside. It should resume it's upmove once above the upper trendline. The fib retracements and the trendline would be imp. support levels.
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.