Buy JSWSTEEL above 250
We can observe that JSWSTEEL after forming a double bottom has given a strong bounce breaking the peak between the double bottom with Bollinger bands expansion.
If the momentum is strong enough to sustain the rally, then we can expect it to go towards 263 upon breaking 250 level.
T1: 255
T2: 260
T3: 263
SL: 244
We can observe that JSWSTEEL after forming a double bottom has given a strong bounce breaking the peak between the double bottom with Bollinger bands expansion.
If the momentum is strong enough to sustain the rally, then we can expect it to go towards 263 upon breaking 250 level.
T1: 255
T2: 260
T3: 263
SL: 244
Note
T1: 255 achievedT2: 260 achieved
Move SL to cost
Trade closed: target reached
T1: 255 achieved T2: 260 achieved
Move SL to cost
Trade closed: target reached
T3: 263 achievedALL TARGETS DONE - HUNT COMPLETE
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.