Rehan_sharif

Intraday trade, go long after a good breakout of the zone.

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NSE:JINDALSTEL   JINDAL STEEL & PWR
There is pattern in JINDALSTEL , which indicates accumulation rally and then accumulation this is a good sign of up-trending stocks . Let the price break the zone with good volume you can go long for intraday. Place a stop-loss slightly below the zone . Note : The other thing can happen too, if the price breaks the zone downwards with a domination of sellers you can plan for a short trade . But it is suggested to buy as per the current market conditions/trend .
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