JINDAL SAW
Present Price – Rs.433.95 and Projected price – Rs.500 plus
The chart structure of this stock looks extremely bullish both from short and medium term perspective. It is bullish even on the long term weekly charts. A fresh upmove starts once it crosses the level of Rs.440. Buying is advised above Rs.440 for a target of Rs.448-451 and Rs.461. It will face some resistance around Rs.461 where 25% of profits should be booked. Once it crosses the level of Rs.461 it can easily reach the level of Rs.495-505. Long term target works out to Rs.585-600 which should take around 2 months plus to reach.
WAY OF SUCCESS
USEFULL LINK
Blog Archive
Disclaimer:
Any action you choose to take in the markets is totally your own responsibility. http://www.callput1.blogspot.com/will not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information. This information is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trad