Jindal Steel & power

Updated
Jindal Steel & power had nice cup formation since last 15 years. If now it sustains above 750-760. It has huge runup to go. This can be a good wealth creator in future.
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Consolidating around 720 which is final support. Let see on monday. One pause day candle should be formed to resume the trend.
Trade active
Took strong support around 720. It's strongly active now.
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Amazing V shape recovery today in this stock. 735 above closing will lead to blast tomorrow.
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Bullish wedge pattern is forming in the stock.
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It will only active above 746 day closing candle. Become bearish now. Still one try be given with Strict SL of 690
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in action again. keep close watch.
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Target1 done smoothly
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817 is good support. if it doesnt break. just be in the trend.
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Brutal upmove. Cant imagine.
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It has to retest 965 levels ones again for better upside move. top fibo retracement support is there.

snapshot
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retesting 1000 levels. As described in above chart 970 will be big buying opportunity.
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Target4 1050 done easily. Approaching towards next targets.
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Again active above 1050
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good consolidation patten. Can accumulate for more upside.
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Above 960 it's ready again for next move. Keep in radar for sept series.
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970 and above always bullish. Keep this in radar.
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Creating good swing action. Bearish below 975 only.
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everygreen stock. ones market stabilise this will jump.
Cup And HandleTrend AnalysisWave Analysis

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