Jindal Steel & Power is a good long for medium term.
1. Broke the resistance on 7th Jan, converted the resistance into support on 8th Jan. Good entry point.
2. MACD crossed bullish on 5th Jan with Resistance break out confirmation on 8th Jan. Good buy.
3. RSI well above 65 on last close. 3rd positive sign here.
2. MACD crossed bullish on 5th Jan with Resistance break out confirmation on 8th Jan. Good buy.
3. RSI well above 65 on last close. 3rd positive sign here.
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.