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JSWSTEEL – Looking Bullish

We have seen the metals been on top today and more volume was seen in JSW Steel.  Fresh longs are being built up, so I feel that JSW Steel should participate in this rally more from the current levels. Support and Resistance Levels are shown in the chart are as per Fibonacci Retracement Levels.All Moving Averages and Oscillators are also on Buy Side.  So trade as per the Plan given but with Strict Stop Loss.

 

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