Stock of the day : JSW Steel Ltd For Target Rs. 864 - Religare Broking
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JSW Steel Ltd
* We are seeing decent traction in the metals space and JSW Steel is expected to witness a catch up move.
* It has been in primary uptrend from past more than year, forming progressive higher highs and higher lows.
* It retraced from record high, and has formed a fresh buying pivot holding above its short term moving average.
* We thus recommend creating fresh longs in the mentioned range.
Buy JSW Steel Ltd CMP 823.55; Range 823-825; SL 800; Target 864
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SEBI Registration number is INZ000174330
