JSW - 10X, LONG TERM VIEWFurther updates upon more significant development. For now instrument on a watch list.
Jsw
JSW STEEL | Long on the 4 hr time frameJSW Steel is likely to rise above the current resistance as there is an increasing volume and momentum approaching.
Next level: 201
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Bullish on JSW EnergyThis has started a strong up move after completing a flat pattern. It's likely to break out at higher targets up.
Bullish on JSW EnergyThis 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.
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.
