Jindal Steel Is Looking Bearish. But "Conditions Apply"
Jindal Steel & Power Limited (NSE: JINDALSTEL) is giving solid signs of Loss Of Buyer's Momentum as per TTC Breakout Formation. Right Now it is at a Critical Make-Or-Break Zone around 153. 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 148 Zone. Then 141 and 133 are the next support. For Swing Traders, 121 Zone is Very Critical. Below which we can see a good amount of selling.
Tata Steel Limited (formerly Tata Iron and Steel Company Limited (TISCO)) is an Indian multinational steel-making company headquartered in Mumbai, Maharashtra, India, and a subsidiary of the Tata Group.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.