TheChartereds

JSW Steel : Rusting Begins?

Short
TheChartereds Updated   
NSE:JSWSTEEL   JSW STEEL LTD
- JSW Steel looks ready for a short-term downturn phase
- Look how the PE ratio has shot up crazy from the last time we saw the same price ( Price is not justified)
- With the current selloff, The bulls are trapped at ATH making them long-term investors.
- We do have a trendline that may give support when the time comes. But until then, It's time to bleed?

What are your thoughts? Leave us a boost👍👍👍.


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Note: Expecting down move only after the low of the red candle is breached.
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Current Price Action - Retest complete. Will it sustain and continue??

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