Buy & Hold for 2 days at least Safe Target - 2% Profit
Stock Retested its previous breakout levels and bounced. Small resistance at 60 Keep n eye an remain bullish till staying above 52
BUY ON DIPS WITH STOP LOSS OF 52.8 FOR TARGETS OF 68/80
JINDAL STAINLESS ...it is out of 2yrs of consolidation...n now makin flag pattern
Short-term trendline, not yet at trendline (yellow) wait for a new low before entering.
Most metal shares were trading in the positive zone in Friday's morning session. Jindal Stainless (Hisar) (up 2.16 per cent), NMDC (up 1.94 per cent), Hindalco Industries (up 1.78 per cent) and National Aluminium Company (up 1.04 per cent) too were trading higher. JSL create buy volume at 38.85 again create strong buy 38.95 after that create very strong buy 39.20
after a long down trend jindal stainless is attempting to reverse the trend , on its previous two attempts in the near term it has failed but this time it has shown a strong bullish sign with a hammer candle following with the confirmation gap up bullish long candle , time to go for LONG in this stock it also tries to form a head and shoulder pattern with the...
JINDAL STAINLESS JSL If holds above 122.4, Can target 126, 133. If breaks 122.4 Can short for target 114 with SL as 126