JINDAL STEEL & POWER LTD
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Atualizado

Swing Opportunity in Jindal Steel

Go Long @ 932.05 for Targets of 958.1, 996.5, and 1020 with SL 906

Reasons to go Long :

1. On a Daily timeframe if we draw the Fibonacci retracement tool from the recent swing low (point A) to the recent swing high (point B) then we see stock took support from the 0.382 Fibonacci level.

2. In addition to this a bullish candlestick pattern Bullish Engulfing (marked with orange) is formed around the 0.382 Fibonacci level.

3. Also there is a strong Trendline (marked with green color) which supports the stock.
Trade ativo
Entry triggered on 19th Aug 2024
Nota
Target 1 Achieved
Trade fechado: objetivo atingido
All targets achieved

Aviso legal