JINDAL STEEL & POWER LTD
Long
Updated

JINDAL STEEL IN CLEAR STAGE 2 STRUCTURE

Simple price action movement in Jindal steel with clear stage 2 rally . watch price action after every consolidation . Even nifty under performing Jindal steel showed its strength . Rectangle breakout expected , reference point is metal index price movement. also use 50DMA in hourly will give exact entry and refer 30DMA for exit . Happy trading.
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SL ADJUSTED

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