JINDALSTEEL is in a parallel channel from a long time, it is also forming a smaller parallel channel inside the big parallel channel, I might try to long when and if the price reaches the bottom of the smaller channel, or on the breakout from the smaller channel.
Note
Also if the price reaches the bottom of the channel, it might touch the golden ratio $$$$ :O
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.