JINDAL STEEL Bullish Reversal Pennant Long

JINDAL STEEL & PWRNSE

Description

⋅ Jun 7, 2021 6:34 PM

Jindal Steel seems ready for up move after consolidating for past 4 weeks. A pennant formation can be soon whose breakout can lead to significant upside.
Following Swing trade can be taken.

Buy at breakout level - above 412 only,

TGT 1 - 453 (10%)
TGT 2 - 496 (20%)

SL 395 (4.3%)