JSW Steel Limited

JSWSTEEL Breaking out of Flag and Pole Pattern!

155
On Weekly chart
1. It has given a #breakout on weekly closing basis from a Flag and Pole #pattern
2. #RSI has been making higher lows and a breakout can be seen in RSI as well, indicating no divergence.

On Daily chart
1. Price has been taking some good support on #EMA 21 and 50
2. A good risk/reward ratio of 2.4 is being achieved from the CMP.
3. Target is based on the #Fibonacci level 1.618.

Views are personal and not a recommendation.

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.