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harshagarwal07

Jindal Steel & Power - 15 Yrs Breakout - Yes/No?

Long
JINDAL STEEL & PWR (NSE:JINDALSTEL)  
harshagarwal07 Updated   
NSE:JINDALSTEL   JINDAL STEEL & PWR
Trend Analysis Chart Patterns Technical Indicators jindalsteel breakout longterm buyzone buyopportunity
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trendanalysis chartpattern indicator jindalsteel breakout longterm buyzone buyopportunity
snapshot

Monthly chart of Jindal Steel & Power shows high potential of a breakout from resistance level of 15 years. OBV shows massive accumulation in volumes with strong RSI levels.

Can be a very good BUY opportunity above 800 for potential gains in excess of 200% in long term and 50-60% in short term.

Mutual funds raised their stakes recently. Quarterly results are promising as well.
Trade active:
Breakout has happened.
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