maheshetty

Jindal Saw - Double Bottom & Descending Channel Breakout

Long
maheshetty Updated   
NSE:JINDALSAW   JINDAL SAW LTD
Buy - 88
CBSL - 82
Target - 101

Jindal Saw had a descending channel breakout recently, It is on the verge to break the Double Bottom.
Go long if it breaches previous day high.
As per Fibonacci(Weekly Chart), it may retrace till 101.
Trade active
Trade closed: stop reached
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