2025-10-01 10:46:05 am | Source: Religare Broking Ltd
Stock of the day : Jindal Steel Ltd by Target Rs. 1130- Religare Broking Ltd
Jindal Steel Ltd
Buy Jindal Steel Ltd CMP 1063.75 Range 1060-1065 SL 1025 Target 1130
* Jindal Steel demonstrates robust bullish momentum, characterized by sustained higher highs and higher lows, reaffirming a strong uptrend.
* Price action remains comfortably above short- and medium-term moving averages, with rising volumes on advances signaling healthy buyer participation.
* The stock is approaching a breakout from a rounding bottom formation, supported by favorable momentum oscillators.
* Investors may consider initiating long positions within the prescribed levels for strategic exposure.
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