Buy JSWSTEEL above 250
We can observe that JSWSTEEL after forming a double bottom has given a strong bounce breaking the peak between the double bottom with Bollinger bands expansion.
If the momentum is strong enough to sustain the rally, then we can expect it to go towards 263 upon breaking 250 level.
T1: 255
T2: 260
T3: 263
SL: 244
We can observe that JSWSTEEL after forming a double bottom has given a strong bounce breaking the peak between the double bottom with Bollinger bands expansion.
If the momentum is strong enough to sustain the rally, then we can expect it to go towards 263 upon breaking 250 level.
T1: 255
T2: 260
T3: 263
SL: 244
Trade closed: target reached:
T1: 255 achieved
T2: 260 achieved
Move SL to cost
T2: 260 achieved
Move SL to cost
Trade closed: target reached:
T3: 263 achieved
ALL TARGETS DONE - HUNT COMPLETE
ALL TARGETS DONE - HUNT COMPLETE
T2: 260 achieved
Move SL to cost