JINDALPOLY Trade set up
Based on the TradingView search results, here's an analysis of JINDALPOLY's price action:
**Key Price Insights**
- The stock has been experiencing multiple rejections around the 700 price level
- Currently showing potential for an upward move, with analysts suggesting it may break previous resistance
- Potential price range identified between 850-880, with target prices projected at 1100, 1300, and potentially a new all-time high
**Trading Recommendations**
- Entry Point: Around 700
- Stop Loss: 670-700
- Potential Target Ranges:
- Short-term: 1100
- Medium-term: 1300
- Long-term: New All-Time High
**Technical Observations**
- The stock appears to be bottoming out with significant buying volumes
- Showing signs of a strong trendline breakout with volume surge
**Caution**
These are trading ideas and not definitive investment advice. Traders should conduct their own research and risk assessment before making any trading decisions.
**Key Price Insights**
- The stock has been experiencing multiple rejections around the 700 price level
- Currently showing potential for an upward move, with analysts suggesting it may break previous resistance
- Potential price range identified between 850-880, with target prices projected at 1100, 1300, and potentially a new all-time high
**Trading Recommendations**
- Entry Point: Around 700
- Stop Loss: 670-700
- Potential Target Ranges:
- Short-term: 1100
- Medium-term: 1300
- Long-term: New All-Time High
**Technical Observations**
- The stock appears to be bottoming out with significant buying volumes
- Showing signs of a strong trendline breakout with volume surge
**Caution**
These are trading ideas and not definitive investment advice. Traders should conduct their own research and risk assessment before making any trading decisions.
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