Stock of the day : Buy 550 PE Jindal Steel & Power Ltd For Target Rs. 22 - Religare Broking
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
JINDALSTEL
* After a sharp rally, JINDALSTEL is currently witnessing profit taking.
* It is gradually inching lower after the breakdown from the short term moving average (20 EMA) on the daily chart.
* The current chart structure combined with the recent decline in metal pack is pointing towards further fall.
* We thus suggest creating fresh short positions through the Put option.
Technical Chart : Daily
BUY 550 PE Jindal Steel & Power Ltd CMP: 13.20 Range: 11-12 SL: 6 Target: 22
To Read Complete Report & Disclaimer Click Here
Please refer disclaimer at https://www.religareonline.com/disclaimer
SEBI Registration number is INZ000174330
Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer
