JINDAL STEEL & POWER LTD
Long
Updated

Analysis | Momentum Candle | Triangle Breakout | EMA | Volume |

171
Positive Momentum in stock, price given a triangle breakout and currently at resistance level.

In past three past session, hammer followed by indecisive candle and momentum candle created with rise in volume.

Entry will be resistance breakout in daily chart, stop loss mentioned in chart and target as per price actions.

Note : The price is above all key moving average.

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