We may be under the impression that Jinal Steel and Power has rallied enough as it has reclaimed the highs of 2017-2018. However, if we look at the long term charts it is on the verge of a 5 year breakout. It can do 550+ on a positional long trade. Stop loss if it closes below 21 EMA on closing basis.
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.