Stock of the day : Jindal Steel Power Ltd by Target Rs. 1120 - Religare Broking Ltd
Jindal Steel Power Ltd

Buy Jindal Steel Power Ltd CMP 1055.60 Range 1052-1056 SL 1020 Target 1120
* JINDALSTEL is exhibiting strengthening technical structure as prices rebound from a key moving average support and reclaim the short-term trend line.
* The price action suggests a developing reversal from recent corrective lows, supported by rising volumes that indicate renewed accumulation.
* Overall, the structure and supportive momentum signals point toward a continuation of the bullish recovery in the coming sessions with favorable risk-reward.
* Investors may consider accumulation to benefit from potential trend continuation opportunities.
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SEBI Registration number is INZ00017433
