JSWSTEEL Ascending Triangle on 2H chart

5 Eki 2021

JSWSTEEL is forming an ascending triangle on the 2H chart. The stock has seen consistent supply in the 687-690 zone for the last few days. Once this supply is exhausted, bullish strength can take the prices up to measured move target of 750. We will be watching out for a breakout of prices from this resistance zone in coming days.