Stock of the day : Sell March Futs Jindal Steel & Power Ltd For Target Rs. 512 - Religare Broking
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Jindal Steel & Power Ltd
* Metal pack is also facing heat in line with the decline in the benchmark index.
* Jindalsteel has posted a fresh breakdown from its support zone of medium term moving averages i.e. 100 EMA.
* All indications are pointing towards a gradual fall from hereon.
* We thus suggest traders to create fresh shorts in the given range.
Sell March Futs Jindal Steel & Power Ltd CMP: 533.90 Range:538-542: 6 SL: 554 Target:512
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