JSWSTEELJSWSTEEL futs broke above descending triangle pattern on an hourly charts with decent OI.
Risk:Reward = 1:3
Could b bought with mentioned stoploss & target.
JSWSTEEL1! trade ideas
JSW Steet moving upside, have few green poitsSupport from strong trend line, Respect all fibo levels and expected to achieve 1.2 Fibo level in coming weeks.
SHORT JSW STEEL FUTURE FOR 8=9% DOWNSIDE TARGETS.The stock price has given bearish breakout from the Head and Shoulder pattern on the daily chart. It has breached crucial supports of 50 and 100-day EMA. Indicators and oscillators like RSI and MACD have turned bearish on the daily charts. Sale with stop loss of 740 and buy at 650/640...You will get total returns 8-9% in short terms...
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JSWSteel Futures Long ChannelJSW Steel Futures is confined within a channel Very high probabillty to reach upper channnel line.. Buy @ 695 SL 680 Tgt1 740
#JSWSTEEL possible to sell#JSWSTEEL trading 629 formed bearish patern,
yesterday trading our retracement level,
we can sell below 627 and tgt for 607,
follow SL 626.5 closing basis
Short Term BullishBought 1 Lot Of FUTURES
Entry Price ==== 674
Stop Loss ==== 646
Lot Size ===== 1350
Margin Requirement ==== 2.45 LAC
Target ==== 706
JSWsteel , possible breakout!With metals on spree , Jswsteel looks like will give breakout soon, keep an eye, here is a beautiful pole & flag pattern.
Simple price action, no jazz!
