JSW Steel
Support at 196 and Resistance at 202
Three consecutive close + weekly close above 202 will take it 207—210 in days to come else could touch its support level of 196 again.
Fresh selling can be initiated below 196.
Tata Steel
Support at 443 and Resistance at 460
Break and sustain above 460 will take it to 470---475 and then to 490+ mark in days to come else could touch its support level of 443 again.
Further downside panic will see below 443 only.
SAIL
Support at 59 and Resistance 62
Above 62 it can touch 63.5 – 64.5 and then to 66+ mark, looks weak only if close below 59
Jindal Steel
Support at 109 and Resistance at 117
Above 117 rally remain continue till 121-123 and then to 129+ else could touch its support level of 109 again.
Below 109 it can touch 105 mark.
Trade with levels only.
More will update soon!!
