Lennar B's 15min Chart Triggers Bollinger Bands Narrowing, Bearish Marubozu Formation

Lennar B's 15-minute chart has triggered a narrowing of Bollinger Bands and a bearish Marubozu at 08/18/2025 15:00, indicating a decrease in the magnitude of stock price fluctuations, with sellers dominating the market. This suggests that the bearish momentum is likely to persist.

JSW Steel's share price climbed 2% to ₹1,067.60 in Monday's trading session following the announcement of a strategic partnership with South Korea's POSCO Group. This agreement, signed in Mumbai, outlines a 6 million tonnes per annum (MTPA) integrated steel plant in India, building on a Memorandum of Understanding (MoU) signed in October 2024. The proposed joint venture will be a 50:50 partnership between JSW Steel and POSCO, leveraging JSW Steel's execution capabilities and POSCO's technological expertise in advanced steelmaking. The venture aims to strengthen India's steel manufacturing capacity and boost self-reliance under the Atmanirbhar Bharat initiative.

The agreement comes on the heels of JSW Steel's strong stock performance:
- 8.89% gain in the past six months
- 16% gain over the last one year

Next steps for the joint venture include a detailed feasibility study covering plant location, investment structure, resource availability, and operational framework. The signing ceremony was attended by Lee Ju-tae, President of POSCO Holdings, and Jayant Acharya, Joint MD & CEO of JSW Steel.

Lennar B's 15-Minute Chart Indicates Bearish Momentum

Separately, Lennar B's 15-minute chart exhibited a narrowing of Bollinger Bands and a bearish Marubozu at 08/18/2025 15:00, suggesting a decrease in the magnitude of stock price fluctuations and a dominance of sellers in the market. This indicates that the bearish momentum is likely to persist.

References:
[1] https://www.samco.in/knowledge-center/articles/jsw-steel-share-price-rises-2-after-signing-agreement-with-posco/
[2] https://www.ainvest.com/news/lennar-15min-chart-triggers-kdj-golden-cross-bullish-marubozu-formation-2508/