vanathi

Jindal Steel - Long term trendline broken!

Long
NSE:JINDALSTEL   JINDAL STEEL & PWR
334 views
11
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!
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