Loganathan_Mani

Jindal Steel - Trendline Breakout

Long
NSE:JINDALSTEL   JINDAL STEEL & PWR
=> Breakout the major resistance trendline and closed strongly
=> looking at the rise of volumes confirms it's under bulls control
=> multiple support resistance seen near 430-461, can struggle a bit a over there.
=> levels are marked on the chart, SL - closing below trendline.
Disclaimer => This is only for educational purpose only, Trading involves Substantial risk of loss, pls consult your financial advisor before investing