You can figure out what is going on JSWSTEEL with carefully.

21 Nis 2019

You should always have a plan in case the opposite happens since it will happen often.

• High 3 (this can is attracting buyers/scalpers/chartist attention)
  -> High of the candle is higher than H2, and H2 is higher than H1.
  

• Volume is on average as normal.
  
• The trading range is tight and high trading activities and price rotation found.
  
• We have found a similar candle of H3.
  
• Scalper targets might be near 309 and swim traders can think for 318.5-320
  

The concluded: that 80% by 20% chance to move 309 and 318.5.


I'd like to give a special thank-you to @kavibharath252 who made fundamental research on JSWSTEEL and Technical Triangle on it.