MENU

Published on 30/07/2021 11:11:05 AM | Source: ICICI Direct

Stock Picks - Buy Jindal Stainless Ltd For Target Rs. 173 - ICICI Direct

Posted in Broking Firm Views - Short Term Report| #Jindal Stainless Ltd #Trading Report #ICICI Direct #Steel

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

Technical Observations

* The Metal space is in strong up trend and is seen resuming fresh up move after two months of breather.

* The share price of JSL has resumed its uptrend after taking support at 50% retracement of recent up move | 119-166 signalling resumption of up move and offers fresh entry opportunity.

* Going ahead we expect it continue with its positive momentum and head towards | 173 levels in the coming weeks as it is the 138.2 percent external retracement of recent breather (| 166-144) signalling upside in coming sessions

* The breakout above the last three year high is supported by strong volume of more than four times of its 200 days average volume of 0.2 crore per day highlighting larger participation in the direction of trend

Buy Jindal Stainless ltd @ 155.00-160.00 TGT 173 SL 147

 

To Read Complete Report & Disclaimer Click Here

 

https://secure.icicidirect.com/Content/StaticData/Disclaimer.html

 

Above views are of the author and not of the website kindly read disclaimer

betvakti elexusbet gorabet maksibet maltcasino milosbet quennbet setrabet atlantisbahis artoscasino dumanbet elitbahis fashionbet favoribahis hiltonbet liderbahis oslobet romabet vegabet yorkbet kalebet bet10bet bahislion bahislion bahislion betpark dakikbet dumanbet fenomenbet holiganbet kalebet kolaybet lordbahis olabahis onwin piabet pusulabet süper10bet vipbahis supertotobet mariobet bahigo bahis siteleri güvenilir bahis siteleri kaçak bahis siteleri betist 1xbet asyabahis betebet betgaranti betlike betvole ligobet pinbahis polobet verabet