Jindalsteel
Jindal Steel & Power | Bull Track StartsMoving towards up with 130 support level and bull track starts @ Jindal Steel & power in two categories.
* Long for short term traders :
Present market to 152 range target (6%)
* Long for long term investors:
Partial buys, with present market and buy stop level (159). For both levels 188 is target range (30%)
* Crucial range :
152 to 158 will be the crucial range in Jindal S&P.
Risk Alert: Do not take this idea/analysis as trade decision for your trading. Go through this and take decision by yourself. Trading financial instruments involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
Jindal Steel : Seems Bullish for Short Term !Dear All Members at TradingView ,
Jindal Steel seems good for 220+ in Medium Term !
Entry : Above 183 Rs.
Targets : 187-193-205-220+ Rs.
Stop-Loss : 163 Rs.Or 169 Rs. on Closing Basis
Hope You will like My Idea ; Hit Like Button for Supporting & Comment your view in Comments Section .
Disclosure : I am not A SEBI Registered Technical Analyst !
Regards ,
Mohit Jangir (KBMJ)
Happy Trading !!!
SHORT TERM || DISTRIBUTION ON THE CARDS || JINDAL STEELJindal Steel has reached the upper end of RSI and moved below the level of 70 on RSI indicating a potential move on the down side or distribution at higher levels. One might get a move up before it starts moving down. Temporarily the up move is over and one may want to enter on a dip.