JINDAL STAINLESS LTD.JINDAL STAINLESS LTD.JINDAL STAINLESS LTD.

JINDAL STAINLESS LTD.

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JINDAL STAINLESS LTD. stock forum

A follow-up to previous post. Price is witnessing resistance at weekly H4 and weekly pH

IDEAL CASE SCENARIO: Price opens under pH and rises to fail at it (a good down-move is highly probable as the price has coiled substantially)

>> For an open above weekly pH, price might still fail to rise higher, but there's another possibility of price taking support from pH and rising (which, to me, is highly unlikely)
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I see it going down coz of the prev hlc resis in dtf and price staying under weekly cpr. I believe it can go up if it jumps the hlc, but i also believe that it is kinda difficult to gap that up at such a location
Snapshot

jsl watch might go up if remain in 220 range today