Jindal Steel Limited
Long
Updated

JIndalstel - Daily chart - for study purpose

85
JIndalstel -

50% Retracement done today - 30 august 2018

61.8% and 78.6% marked in the chart - 230 and 248 respectively.

Respected 20 DMA after last U turn and bounced back from lower bands to upper band.

Bollinger bands have started expanding and stock is coming out of negative territory.

Looking good for 78.6% retracement in SEP series.

Trade closed: target reached

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