IIT-Trader

JSWSTEEL--Trading in Downward channel??

NSE:JSWSTEEL   JSW STEEL LTD
this stock is trending downwards..
now the price is at Resistance Zone...
if it failed to break the channel it will continue its fall, and again trading in a channel
keep safe before long from here.
On bottom side we have a demand zone lies at 700 and 650 levels...look here for buy.
look for buy if price comes back to the support and look for short if price comes to resistance.
on topside we have a strong resistance area at 800 and at 840.
Trade safe...

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