Buy JSW Steel Ltd For Target Rs. 690 - Religare Broking
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Derivative Ideas
JSWSTEEL gained 1.57% and closed at 654.7 on 3rd Mar. The Metal Sector is seeing huge traction for last 3 consecutive sessions, JSWSTEEL is trading in sync along with its pack. Trading above its support at 630 levels and its important MAs, the counter is poised to test its resistance at 700 levels. We recommend to go Long in JSWSTEEL.
Strategy:- BUY JSWSTEEL @ 644-648, SLOSS AT 624, TRGT 690.
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