After an extraordinary bull run from March 2020 to April 2021, JSW steel has been consolidating from the past one year.
It has already given a breakout from flagpole pattern and has reached its ATH which is 776.50.
RSI is looking very strong as it is above 60 in the weekly TF. Looks like a good swing as well as positional trade if it sustains above 775 . One can add on dips upto 725-730.
This opinion is just based on my personal analysis and not a trading suggestion.
It has already given a breakout from flagpole pattern and has reached its ATH which is 776.50.
RSI is looking very strong as it is above 60 in the weekly TF. Looks like a good swing as well as positional trade if it sustains above 775 . One can add on dips upto 725-730.
This opinion is just based on my personal analysis and not a trading suggestion.
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.