JINDAL STEEL & POWER LTD
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Jindal Steel & power

Jindal Steel & power had nice cup formation since last 15 years. If now it sustains above 750-760. It has huge runup to go. This can be a good wealth creator in future.
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Consolidating around 720 which is final support. Let see on monday. One pause day candle should be formed to resume the trend.
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Took strong support around 720. It's strongly active now.
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Amazing V shape recovery today in this stock. 735 above closing will lead to blast tomorrow.
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Bullish wedge pattern is forming in the stock.
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It will only active above 746 day closing candle. Become bearish now. Still one try be given with Strict SL of 690
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in action again. keep close watch.
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Target1 done smoothly
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817 is good support. if it doesnt break. just be in the trend.
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Brutal upmove. Cant imagine.
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It has to retest 965 levels ones again for better upside move. top fibo retracement support is there.

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retesting 1000 levels. As described in above chart 970 will be big buying opportunity.
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Target4 1050 done easily. Approaching towards next targets.
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Again active above 1050
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good consolidation patten. Can accumulate for more upside.
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Above 960 it's ready again for next move. Keep in radar for sept series.
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970 and above always bullish. Keep this in radar.
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Creating good swing action. Bearish below 975 only.
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everygreen stock. ones market stabilise this will jump.
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Jindalsteel 10-12% clear upside after breakout of 975

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