JSW Steel looking bearish :
> Trendline Breakdown.
> Volume supported.
> Trading below 200 ema
> RSI, no strength to move up.
> Metal Index weak.
Short below 678 or on retest level. Target 615.
> Trendline Breakdown.
> Volume supported.
> Trading below 200 ema
> RSI, no strength to move up.
> Metal Index weak.
Short below 678 or on retest level. Target 615.
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Long term chart also indicating bearish momentum, i believe our target will achieve and stock may touch to 600 levels.
Komentarz:
Stock has maid 649 low.
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