NSE:JINDALSAW   JINDAL SAW LTD
Stock has Given a Long term breakout on Weekly Chartof Bullish Price pattern called Horizontal S&R Line Breakout as you can see it has break all the previous resistance and able to sustain above 102 Rs and also volume is also increasing. All Momentum Indicators are turn into Positive from Neutral which is sign that we may see good up side here from now towards 120-125 as next resistance along with support of 102 on closing Basis.
We have seen good rally mostly in all Midcap Metal Stock but this stock has participated in the rally.
Trade closed: target reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.