JindalSteel: Bullish Breakout Ready
JINDALSTEL is in Bullish breakout ready.Overall Steel Shares are showing momemtum.
Reasons:
- Rectangle breakout and sustaining the breakout.
- Consecutive two days of high volume.
- RSI based momentum is above 75 and constantly rising.
Trade: Buy above 568, SL: 560, T: 572/580
Sell below 540, SL: 550, T: 534/525.
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