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Tuesday, 14 January 2014

Nse Steel shares update analysis forecast - TataSteel, Sail, JindalStel, JswSteel - 14 January 2014

Hi,

Steel shares are getting a beating in January 2014.

Here is an update level wise for some frontline steel shares : 

1. TataSteel

Bear stop loss = 393.5, Targets = 368, 350

2. Sail

Bear stop loss = 68, Targets = 62, 60, 58

3. JindalStel

Bear stop loss = 261, Targets = 240, 220

4. JswSteel

Bear stop loss = 1042, Targets = 934, 847

JindalStel and JswSteel shares have not started their down leg yet, once it starts, it can be very severe. Keep an eye.





Anjum S Khan
admin@tracknifty.com
Admin/Analyst
TrackNifty.com