tradingp3

Jindal Steel & PWR - Buying opportunity

Long
NSE:JINDALSTEL   JINDAL STEEL & PWR
Looking Bullish on a chart. Buying seen with high volume recently. Buy if sustains above 485 for targets 574, 718 and above. As per Daily and Weekly chart, it's been rejected from this zone multiple times.

Above 200 EMA now. BUY @485 with SL 460

Multiple news supports Bulllish pattern ie. Interim Devidend, EU export boost due to Ukraine, Sales grows 8% in Feb

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