Trade with the trend here at jswsteel. Place your targets and stop losses according to support and resistance lines drawn.
I will look to sell the stock on a bounce from current levels in areas of 127 to 131 for 121 /114/110/100 targets
vedl with lot of news flow in the counter , despite having it i see the stock as undervalued upto 78 zones , technically weak below it now and from here can try to give a quick upmove for 130 /144 zone
Buy JSW Steel Above - 176.4 T-181 SL-174
Would buy above 160.5, SL-156.5, Target 165.5 In case if 156.5 triggers first i would go short with Stop Loss-160.5, Target Around- 150
JSW 166 below sell is good... target 151... Do your analysis before taking trade...my view only
Broken below uptrend channel. Looking bearish.
Buy above 285.70 keep target of 1-2weeks 304, stop loss of 276 if day candle close below..
looking at other metal stock it looks good in short term
JSWSTEEL Test Supplyzone Keep watch RETEST IF fail Don't Enter Target 246-231
The price levels have not touched the weekly high/low so far. By today, i.e. Friday it is supposed to come down to levels 215 and touch pink line. If if goes up, and tries to touch the upper pink line, it can cross levels and touch broad Blue line @ 230 as well.
-> JSWSteel having two moderate resistance, 270 and 278. -> Once its breaks hopeful for 290 in few weeks. -> Otherwise chance for drop upto 240 range in next few weeks.
JSWSTEEL make double bottom keep watch break the neckline dont enter Before the neckline break Target 276 & 283
JSWSTEEL (JSW Steel Limited Fully Paid Ord. Shrs) #SELL BELOW 293
JSW Steel could soon take a dip and break out upwards, or sink below 300. Makes for a good long/short setup in the coming sessions. Watching closely.