Jindal Steel & Power Ltd - Breakout OpportunityDate : 12-Sep-2024
LTP : Rs. 1,004.65
Resistance Level/s: (R1) Rs. 1,080 --> (R2) Rs. 1,221
Support Level/s : (S1) Rs. 929 --> (S2) Rs. 896
Technical View:
• NSE:JINDALSTEL is in strong primary uptrend and was recently going through it's secondary downtrend within primary uptrend.
• After touching the high of 1,097 on 21-Jun-2024, it has retraced 18% to 896 level.
• NSE:JINDALSTEL has given breakout from it's secondary downtrend with higher than average volume. Breakout is also suppor
Long