Technical Analyst, Ashwani Gujral is of the view that JSW Steel is likely to fall and will find resistance around Rs 1050.
Gujral told CNBC-TV18, "Metals are also showing bearish head and shoulder type patterns something like a JSW Steel that can really fall a couple of hundred because metals had a huge run. Whatever had a big run, it is now likely to fall and it will find resistance around Rs 1050. Tata Steel at Rs 490-95 seems like a possibility. Hence, all the stock which had big runs will now get into trouble. So people should stay away at least from Infrastructure and metals".
