Jindal Saw - Double Bottom & Descending Channel BreakoutBuy - 88 CBSL - 82 Target - 101 Jindal Saw had a descending channel breakout recently, It is on the verge to break the Double Bottom. Go long if it breaches previous day high. As per Fibonacci(Weekly Chart), it may retrace till 101.Longby maheshettyUpdated 2
JINDALSAWJINDALSAW is presenting a low risk long opportunity at current levels. Once the previous weekly highs near 68 is taken out, price can find momentum . Position Bias :)Longby GirishUpdated 2