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JSL near its buying zone

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NSE:JSL   JINDAL STAINLESS
1)After breaking out its Monthly resistance stock is now near its buying zone.
2)On a daily time frame stock is near its 50 EMA it can take support and continue its upward movement.
3)Steel and cement being in focus it can be a good bet.
4)Stock is in uptrend and very Bullish
5)Volumes piling up is huge we can take position in this
6)Just be patient its not a stock to sell immediately.
7)Steel and cement are highly in focus..
8)Remember the era between 2004-2008 its kind of repeating it
9)The smart players the big players are pushing their money in steel and Cement.
10)This sector is highly Bullish .
* Tata steel is also a good bet result is exceptionally good

Always remember 40% is market 40% is sector and 20% is stock you chose
So in a uptrend market identify the sector where the big moneyy is flowing and then Select the stock from that sector.

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