JSW STEEL LTD.
CMP: ₹1266
✅ Buy
🎯 Target 1: ₹1295
🎯 Target 2: ₹1315
🎯 Target 3: ₹1335
🛑 Stop Loss: ₹1235
📈 Potential Upside: 2.3% – 5.4%
⏳ Timeframe: 1–15 Days
Technical View
The stock is trading above its key short-term support zone, indicating positive momentum.
₹1285 is the immediate resistance level; a breakout above this level can trigger a move towards ₹1315–1335.
Higher highs and higher lows on the daily chart suggest a bullish trend.
Metal sector sentiment remains supportive, adding strength to the setup.
Trading Plan
Buy Zone: ₹1255 – ₹1270
Stop Loss: ₹1235
Target 1: ₹1295
Target 2: ₹1315
Target 3: ₹1335
📊 Trend: Bullish
⚖️ Risk-Reward Ratio: Approximately 1:2.5
🎯 Probability of Success: 68%–72%
*SHREEJI FINANCE & INVESTMENT*
Hatijan Circle, Ahmedabad
📞 9825305967
⚠️ Exit if the stock closes below ₹1235. Partial profit booking is advisable near ₹1295–1300.
No comments:
Post a Comment