JSW STEEL LTD | NSE | ANALYSIS

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JSW STEEL Has broken out of a ascending triangle and has retested the support quite a few times, holding strong.

- MACD is closing in and a bullish crossover is imminent, implying a continuation upwards.

- The price action is currently supported by the 50MA on the 2H TF.

- First target is 205 (7%)
- Second target is 231 (~20%)


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Ascending TriangleBSEChart PatternsDemand ZoneHarmonic PatternsTechnical IndicatorsjswJSWSTEELjswsteelongnsenseindia

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