JSW Infra Set to Rise After Strong Results and Key Support..!
JSW Infrastructure has released its financial results for the December quarter, showcasing a remarkable 32.35 percent surge in consolidated net profit, reaching an impressive Rs 335.62 crore. This substantial increase marks a significant rise from Rs 253.57 crore in the same quarter last year, fueled by a notable boost in income, as highlighted in the company's official statement.
Looking at the technical chart, the stock is currently positioned at a critical support level of Rs 260. It is making a determined effort to hold above this threshold, indicating a potential opportunity for investors. Given this scenario, traders might consider taking long positions or executing a buying strategy for swing trading, as a sustained performance above this level could signal further upward momentum.
Looking at the technical chart, the stock is currently positioned at a critical support level of Rs 260. It is making a determined effort to hold above this threshold, indicating a potential opportunity for investors. Given this scenario, traders might consider taking long positions or executing a buying strategy for swing trading, as a sustained performance above this level could signal further upward momentum.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.