VivekHerur

JINDALSTEEL possible long setup soon

Long
NSE:JINDALSTEL   JINDAL STEEL & PWR
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.
Comment: Also if the price reaches the bottom of the channel, it might touch the golden ratio $$$$ :O

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