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JSW STEEL Free Trading Tips On Indian Stock Market - Stock facing strong resistance around 1237, Further buying expecting once closes above 1237 - as per technical analysis point of view. (Updated On 25th July 2014, Friday).





  • JSW STEEL currently facing strong resistance at current levels (1237), Stock facing strong 61.8% golden ratio fibonacci retracement, standard error channel resistance - as shown above.
  • Daily chart indicates once stock closes above 1237 and must stays above then further buying expecting and stock can test its next trend line resistance around 1290.
    • Intraday close watch once JSW Steel starts trading above 1237, if sustains above then can see some intraday action by bulls.
  • Chart also indicates JSW Steel currently moving up from 100 days moving average and if move further up then MACD indicator will turn positive and this will favor bulls to move stock further up. Close Watch.
  • Click here to view all the reports published on JSW STEEL.
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What is Intraday Tips ?

Q. What is Intraday Tips / Inraday Trading / Delivery trading.

A. There are basically two types of trading on stock market--
1- Delivery
2- Intraday

Delivery trading is one in which shares are bought and can only be sold after they are delivered by the broker.that means that they cannot be sold the same day , and delivery takes two to three days after they are bought and then they are ready to be sold.

Intraday trading which takes place for that very particular day and there is no delivery..they can be bought and sold the same day...and are automatically sold at the end of the trading session if you have not sold it by yourself during the trading session. The person who suggest such types of forecast is called

Intraday Tips

.