JSW Steel channel consolidation breakout bullrun

Actualizado
JSW steel has good move pending on higher levels. above 920 it can break the channel patten. Mostly bullish upmove possible. 760 is major support range below the channel breakdown it can give good fall till 400 which is more unrealistic. Expecting bull run in this stock. Jindal steel already given. JSW steel has pending move. Focus. Although this flag patten is slightly bearish pattern but now a days these pattern upper side breakout give rocket move too.

Keep this in mind. Options is a dangerous instrument to play. Please do not go wild on anything unless you know exactly what you doing. Even though your direction is right still you tend to loose in option buying. And market can always prove me wrong and i take that rights too. Experience traders also fail in this market. Only risk management will give you an edge. Don’t take any trades without SL. Respect the market, Ungli nahi katoge to pura hath katna padega. Beware.


DISCLAIMER: I AM NOT SEBI REGISTERED ANALYST. ALL POSTS ARE EDUCATIONAL PURPOSES.NON ADVISORY, DISCRETIONAL NO CLAIMS, RIGHTS RESERVED. I AM NOT RESPONSIBLE FOR YOUR PROFIT OR LOSS.
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Above 950 it will give good move. May be can consider after elections.
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Also cup & handle pattern formation too. Straight target will be 1000.

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Let it cross 915 for further powerful upmove.

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Rounding cup pattern breakout then it failed multiple times now sustaining above W pattern. Will give big move.

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Getting ready for the huge move. 915 to 950 then 1000 1100 very soon.
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This pattern rarely fails. sooner or later 1000 loading.

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consider every dip as buying opportunity in this counter.
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Breaking out.

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Operación activa
Breakout done in day candle. It's ready for big upmove now.

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Consolidation on higher levels. Still active.
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On the go. Focus. Full active
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JSWsteel strong breakout of orthodox cup & handle in main pic plus see the below. 2 slanting cups. Keep in radar. Full Active trade with 914 SL

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need one candle sloce above 949 now. for further move.
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Closed above 950 first time. tomorrow might be a day.

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Weekly candle holding above the breakout. Which is good sign.

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Day candle is still on the trendline.

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Reclaiming 900 levels again.

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ready again. keep in radar for sept series. Good price action building.
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955 and above closing will be again good for this stock.
Operación activa
JSWSTEEL again in action. Keep an eye.

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JSWsteel all initial targets done. now above 1060 next will be 1150 1240 1370 1540.......

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Great bullish pattern. short term target intact.

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