CLOSED

JSWSTEEL
Stoploss Triggered

421.55 -1.58%
Close Price
(2021-03-16 06:05:00)
428.3
Entry Price
(2021-03-16 09:19:59)
468.55
Target Price
 
421.55
Stoploss
 
Enter at below 429.65 | Created on 2021-03-15 11:22:35 and valid till 2021-05-24 18:30:00

Trade made by

Samyak Shah


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Share Share

Trade rationale

Moving Averages

1. Daily RSI is at 59.94(almost 60) 2.MACD bullish crossover on daily chart. 3. A green candle with long lower wick after a doji on daily chart indicates price may go up in coming days. 4. Price is expected to reach 127% fibonnacci retracement level(@505), provided price stays above 425.4(100%retracement of downtrend (from 10Sep '18 - 30Mar'20)