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Jindal Steel: Ready for another impulse

Long
JINDAL STEEL & PWR (NSE:JINDALSTEL)  
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NSE:JINDALSTEL   JINDAL STEEL & PWR
Trend Analysis Chart Patterns Wave Analysis jindalsteel jindalsteellong jindalsteelbuy stockstobuy stockstowatch stocktrading stockmarketanalysis stockmarketindia
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trendanalysis chartpattern waveanalysis jindalsteel jindalsteellong jindalsteelbuy stockstobuy stockstowatch stocktrading stockmarketanalysis stockmarketindia
Sock has already concluded a complex corrective structure at 24-Jan'24 low of 688 zone and started bouncing back. This suggests that stock is likely to move towards it's resistance zone of 756-760 in the coming days. Breaking above the resistance zone will lead it towards 800-820 zone over the weeks ahead.
Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
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