Technical Analysis

JSW Steel
Today stock opened below 690 and failed to sustain above 690.
The stock fall 4.19% and closed at 661.
Positive trend can be seen tomorrow as ROC is giving a signal of change in trend.
Closing above 680 can change the trend to positive.

JP Associate
The stock closed today 5.15% down and the price was expected to go down.
Divergence has been seen against the fall price in MACD and ROC.
Some positive movement can be seen in the stock tomorrow.

Reliance
The stock tumbled to 695 making a low of 670 in previous day.
Positive movement can be seen if it closed above 700. CMP 695.
The price can see a level of 725 in this week only.

Hindalco
Today stock closed above 119 as i told in ma previous views that the positive movement can be seen above 119.
Positive movement with good volume is been in the stock on past 3 days.
the resistance is seen at 122 and once it closed above it... upward trend will continue.
chance of positive movement is more as MACD and ROC both have given a positive signal.

Sterlite
Negative movement seems to continue in the stock as it failed to sustain the level of 98.
92-93 level can be seen.