Jindal Steel has broken the long term trend line in the weekly chart. High volume indicates lot of accumulation in the year 2016. After taking support @ 65, it is moving slowly and steadily. Price action is forming a rounding bottom. I expect this stock to reach 200 in 6 months to one year.
Trade active:
@ 126 on 3/6/17
Comment:
1st target done!
Trade closed: target reached:
All targets done!
