Jindal Steel Bullish Outlook
Jindal steel chart is showing a bullish engulfing candle.
The candle has crossed the 100 DEMA with good volume.
RSI too is trending at 68.
A closing above 408 can give an upward move of about 10%.
The candle has crossed the 100 DEMA with good volume.
RSI too is trending at 68.
A closing above 408 can give an upward move of about 10%.
Nota
T1 acting as resistance. With good volume and trending RSI it may achieve T2.Trailing SL 435.
Nota
Target 3 is 552and Target 4 is 577
Trailing SL on DCB 490
Nota
For Target 4 the trailing SL 505Nota
To ride with a TSL of 565Nota
TSL 665-670
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