Stock of the day: JSW Steel Ltd For Target Rs. 752 - Religare Broking
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* JSWSTEEL has witnessed a fresh breakout from its resistance zone of multiple moving averages on the daily chart and ended near day’s high.
* The up move is supported with decent surge in volume.
* The current chart pattern combined with the recent traction in the metal packs is further adding to the positivity. ? We thus suggest initiating fresh longs as per the given levels.
BUY REC Ltd CMP:713.60; Range:705-710; SL: 688; Target:752
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