Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel https://t.me/InvestmentGuruIndia
Download Telegram App before Joining the Channel
Momentum Pick : JSW STEEL Ltd For Target Rs. 270 - HDFC Securities
* After showing a minor declines/sideways consolidation, the option price has shifted into an upside bounce today.
* Currently, the price is making an attempt to show upside move above the key upper resistance.
* The short term trend has turned positive.
* We observe a formation of positive candlestick pattern as per daily timeframe chart.
* Volume has started to rise along with the up move in the stock price.
* The daily RSI is showing positive indication.
* Monthly RSI is hovering near 40 level, indicates support at current level.
Buy JSW STEEL Ltd @ 243 - 252.55 SL 239 Target 270
To Read Complete Report & Disclaimer Click Here
Please refer disclaimer at https://www.hdfcsec.com/article/disclaimer-1795
SEBI Registration number is INZ000171337
Above views are of the author and not of the website kindly read disclaimer