JSW steel
JSW steel today broke the support of 750 with good volumes and then d fall continued till 710.
Low of 705 was seen. Price has closed below the 8 and 55 days EMA which have turned the short and medium term to bearish.
support can be seen at 680-660!!!
ROC and MACD is crossing the signal downside confirming the trend towards bearish.
trend has changed negative for the week!!!
KRBL
Stock today took support at 19.55.
selling pressure was seen again today with no movement of buying at lower level....!
JP associate
was xpecting a breakout of the neckline where the head and shoulder was taking a suopport.
Will be expecting a downtrend forward with a price around 60-65!!!!
Hindalco
Breakout of support around 122-23 with good volume has trend the trend down if price take a support at a low of 110 with volume then a bounce back can be seen otherwise down trend can be continued!!
M&M
Short term trend has been changed to negative will be expecting the levels of 700 and around in this week.
JSW steel today broke the support of 750 with good volumes and then d fall continued till 710.
Low of 705 was seen. Price has closed below the 8 and 55 days EMA which have turned the short and medium term to bearish.
support can be seen at 680-660!!!
ROC and MACD is crossing the signal downside confirming the trend towards bearish.
trend has changed negative for the week!!!
KRBL
Stock today took support at 19.55.
selling pressure was seen again today with no movement of buying at lower level....!
JP associate
was xpecting a breakout of the neckline where the head and shoulder was taking a suopport.
Will be expecting a downtrend forward with a price around 60-65!!!!
Hindalco
Breakout of support around 122-23 with good volume has trend the trend down if price take a support at a low of 110 with volume then a bounce back can be seen otherwise down trend can be continued!!
M&M
Short term trend has been changed to negative will be expecting the levels of 700 and around in this week.
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