JINDALSTEL is in a strong uptrend. It
has given two long up bars with a break out. A range has been broken decisively.
Today’s close is at Rs. 279.15 /-. A long position can be initiated
at this
juncture. Short term targets can be set at Rs. 288 /- and Rs. 297 /-. A closing
basis Stop Loss can be maintained at Rs. 269 /-.
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