JSWSTEEL
JSW STEEL UPTREND CONTINUES WITH BREAK OUT It has confirmed a long breakout, looking forward to another high green candlestick tomorrow as there high demand of buyers in the market for the same.
It is been in a great upward move for past few months and now it seems it may continue for much longer period.
JSW Steel: Another Promising CandidatePrice consolidating within an uptrend. Expecting the uptrend to resume soon. Another stock in the watchlist. Look to add this in the portfolio !
JSW STEEL Confirms Bearish HEAD & SHOULDER PATTERN
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.
