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Jindal Steel analysis for Cash & Futures by 3 Parameter Strategy

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NSE:JINDALSTEL   JINDAL STEEL & PWR
Trade Setup
Enter the trade at the opening.
Stoploss at the low of the signal candle for aggressive traders.
Stoploss below the 20ema for positional traders.
Trailing stoploss after a 5% move.

Analysis Notes
Bollinger Band is squeezed and the breakout of the upper band.
Rsi is above 60.
Macd bullish crossover

For educational purpose only.

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