DevanNaayar

Jindal Stainless Ltd - Multi year Breakout confirmed

DevanNaayar Updated   
NSE:JSL   JINDAL STAINLESS
A globally spaced company with largest production of stainless steel. Increased promoter pledge with considerable debt.High recovery from its 52 week low. Delivering good profit over years. Positive breakout confirmed . Multi year resistance line has been broken, retested and bounce back. Moving throgh a steep upward triangular channel since last 8 months . Price is shrinking in this band.Can move further 100% within an year time.
Trade active:
Almost double.

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