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
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@ 126 on 3/6/17
Comment
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1st target done!
Trade closed: target reached
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All targets done!
Comments
kvamsi
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hi teach some technicals if ur free in weekends
vanathi
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@kvamsi, If you share your view about jindalsteel with chart, it is also a way to learn technical analysis...