LKP Spade : A Weekly Pick - Buy Jindal Steel & Power Ltd For Target Rs. 512/536 By LKP Securities
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* The stock has given a strong breakout on the daily chart with volumes and has surpassed theprevious swing high.
* The momentum oscillator RSI has also given a breakout from a falling trendline confirming thestrength in the stock.
* The stock on the lower time frame is trading in a strong uptrend with higher high and higher lowformations intact.
Buy Jindal Steel & Power Ltd @ Rs. 488 SL Below Rs. 463 CB Target Rs. Rs. 512/536 Duration 1 Week
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