JSW Steel looks bearish.
1) might continue forming the flag.
2) In case of breakout of the red descending channel, caution is advised as price action may reverse from the upper trendline of green rising channel.
3) Further Zone from 717 to 737 may act as resistance.
4) Volumes have been decreasing on 4 hourly chart.
1) might continue forming the flag.
2) In case of breakout of the red descending channel, caution is advised as price action may reverse from the upper trendline of green rising channel.
3) Further Zone from 717 to 737 may act as resistance.
4) Volumes have been decreasing on 4 hourly chart.