rvc8280

JSWSTEEL - Metal sector is week

Short
rvc8280 Updated   
NSE:JSWSTEEL   JSW STEEL LTD
JSW Stell is trading in channel from past few days and currently formed bearish engulfing patterns as metal sector is weak.

It formed minor support at 165.
Incase if breaks this level, we can expect further downside upto 155 levels, but incase if bounce from the support level .. look for long above 172.
Trade active:
Reached low of 156

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.