jindal steel looks bullish in short to medium term
Updated
In daily, price bounced from horizontal support and flat lower BB, also hidden bullish divergence formed here,
in weekly, BB is trending up and candles are sustaining above 20 ma,
in longer time frame, round bottom forming here
with sl - 150, 1st tgt - 177 2nd tgt - 208, long term tgt - 343
in weekly, BB is trending up and candles are sustaining above 20 ma,
in longer time frame, round bottom forming here
with sl - 150, 1st tgt - 177 2nd tgt - 208, long term tgt - 343
Trade active
till now 183, 1st tgt already achieved here, price bounced smartly from the support, and moving up , BB is expanding here, sign of bullishness Trade active
second tgt achieved here , cheers.Note
it looks quite bullish in long term , long term tgts upgraded to 462 then 614
Trade active
till now 281.90, cheers.
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