Jindalsteel
Jindal Steel at the breakout level : Good to buy above 204Jindal steel might be next metal stock after JSW steel which can give good gain in coming days as metals are performing well.
Currently trading at 202, if breaks 204 and sustains swing buy can be initiated. SL to kept at 196 for the target of 217 (gap border), 230 (trendline resistance).
JINDAL STEEL - "Congestion Zone"After Jindal Break Down Intensly, It Has Entered Into A Some Type Of Congestion Zone And At The Same Time It Has Shown Some Reversal In 1 Day Time Frame.
Congestion Zone Range - 160 - 175
Buy Above - 175
Sell Below -160
Short Term Target - 200
This Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will.