Friday, July 29, 2011

THIS RECOMMENDATION IS BASED ON TECHNICAL MODE


JSW STEEL FUTURE HAS BROKE ITS UPSIDE SUPPORT OF 805,


CMP STANDS @ 798,


RESISTANCE STANDS @ 823,


WE EXPECT BELOW 805 LEVEL, IT MAY SHOW 20 - 40 RS OF CORRECTION.


TECHNICALLY WE ARE NEGATIVE ON JSW STEEL BELOW 805 LEVEL.