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JSWSTEEL--Breakout Range??

JSW STEEL LTD (NSE:JSWSTEEL)  
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NSE:JSWSTEEL   JSW STEEL LTD
Trend Analysis Supply and Demand Support and Resistance JSWSTEEL jswsteelanalysis jswsteelong jswsteeltrend jswsteeltechnicalanalysis jswsteelltd
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trendanalysis supplyanddemand supportandresistance jswsteel jswsteelanalysis jswsteelong jswsteeltrend jswsteeltechnicalanalysis jswsteelltd
Observations::
clearly the stock is trending downwards,
previous support @710-718 level, broken strongly.the same support @710-718 range is acting as resistance.
now price is trading in a range, wait for the break of either side movement.
Keep track this levels. sharp movements will happen while breaking the resistance or support, when price is in range.
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