JINDAL STEEL & POWER LTD
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5632 Bull bear war at line of control

40
Reason for short
a) Good bull bear war and we need to wait for the winners and join the winning team. Hence if the price fall below yesterday low or Support 1 low is a good short opportunity. Price yesterday low, plus below S1 low and gap down.
b) if it cross the today high... neglect this script and no trading zone
c) vwma resistance zone broken and expecting the broken zone as false high

on other hand, bull volume is heavy and pushing the price upside.... but this may be illusion set up for bulls...
Trading ditutup: target tercapai

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