JINDAL STEEL & POWER LTD
Long
Updated

Jindal Steel- Time to move?!

255
https://www.tradingview.com/x/VwUu9TD0/


Buy Above 895.3
Risk: Reward- 01:01
Target and stop Loss: 4%

1.Parallel downward channel Resistance breakout and retest
2.Good green bars formation
3.Double bottom( W Pattern) and resistance in RSI
4. 21 EMA Support taken
5.Bullish fair value gap rejection
6. Bounced from Resistance turned to support zone

Trade closed: target reached
Target Reached!!

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