JSWSTEEL is Almost into Bearish Territories
JSW Steel LTD (NSE: JSWSTEEL) is about to trigger Bearish Move as per TTC Breakout Formation. The Critical Make-Or-Break Zone is at around 254. If it breaks decisively below this zone (on 1-hour closing basis), we may see sellers gaining control over the buyers.
For Short-term targets, Trader should eye on 247 Zone. Then 240 and 232 are the next support. For Swing Traders, 221 Zone is Very Critical. Below which we can see a good amount of selling.
JSW Steel Ltd, the flagship company of over $11 billion JSW Group, JSW Steel is one of India's leading integrated steel manufacturers with a capacity of 18 MTPA.
For Short-term targets, Trader should eye on 247 Zone. Then 240 and 232 are the next support. For Swing Traders, 221 Zone is Very Critical. Below which we can see a good amount of selling.
JSW Steel Ltd, the flagship company of over $11 billion JSW Group, JSW Steel is one of India's leading integrated steel manufacturers with a capacity of 18 MTPA.
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