Jindal Steel & Power trend line break

Price has broken from a long term trend line well supported by 50 & 200 Ema. Accumulate at current levels for a target of 450 & 500.
Disclaimer: The above idea is for educational purpose

Trade active:

Price is retesting at current price...one can accumulate or take a fresh position with SL of 420/430 for target of 500.This idea will work well if Nifty Metal is also positive.
Disclaimer : The above idea is for education purpose only. Investing in stocks is subject to market risk, please consult an experienced financial advisor before investing.

Trade closed: target reached:

First target of 450 was achieved as price went till 470 after which it declined to 350 due to market uncertainties