IIT-Trader

JSWSTEEL--Drop Base Drop

NSE:JSWSTEEL   JSW STEEL LTD
price is trading in bullish channel form long time.
taking the support multiple times from trendline
This stock is now in consolidation
we detected a drop from the upper resistance channel,
after a long time consolidation price is moving upside to test this resistance,
if price comes to bottom side,trendline is ready to push the price up,if failed to push the price up,
then will look for short side from the topside of consolidation area.
keep an eye on this stock for short side.

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