JSWSTEEL BEARISH
jsJSWSTEEL Closing 680.5 with stoploss 710 then targets are 610.
Selling Reason.
1 --> Price Action is Negative and Closing Below 200 EMA.
2 --> RSI is below 40.
3 --> ADX is Showing Bearish Move and -DMI is rise.
4 --> Volume is also show the negative move and ready to cross the average volume line.
5 --> Also Break the Channel Range.
Selling Reason.
1 --> Price Action is Negative and Closing Below 200 EMA.
2 --> RSI is below 40.
3 --> ADX is Showing Bearish Move and -DMI is rise.
4 --> Volume is also show the negative move and ready to cross the average volume line.
5 --> Also Break the Channel Range.
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