Jindal Steel and Power Massive breakout
A massive breakout rally should begin in Jindal Steel and Power soon. It is a triangle pattern breakout and even horizontal trendlines are broken. Keep a strict stop loss at Rs.420 for targets of Rs.500-545-605 in the short to medium term. A decisive and strict stop loss is necessary in metal stocks as they tend to reverse sharply and are very cyclical in nature. Please do follow your stop losses.
Jatin Agarwal
Founder and CIO at MoneyCraft (SEBI RIA)
Creator at The Bull of Dalal Street (YouTube Channel)
Founder and CIO at MoneyCraft (SEBI RIA)
Creator at The Bull of Dalal Street (YouTube Channel)
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