We can see a rounding bottom. high volume in consolidation zone before the breakout.
we can see a W parttern resistance break with support from trend line
partern break down presonally not taking any position just a idea
we can go long on JSWSTEEL Buy at at breakout Traget= 1000 SL=734 As Nifty is at all time high, there is high probability stocks will see a buying trend. jswsteel is at breakout level. on charts of jswsteel we can :- 1] Head and Shoulder pattern. 2] Tested the resistance 4 to 5 times now resistance is weak and can breakout. 3] High volume activity 4] Engulfing...