Jindal Stainless Limited
Long

JINDAL STAINLESS – Ready for New Rally?

222
JINDAL STAINLESS – Ready for New Rally? 🚀

Jindal Stainless Limited

📌 Trade / Positional Setup
• CMP: ₹847
• SL: ₹715
• Target: ₹1202

📍 Structure & Logic
• Rounding bottom structure in place
• Monthly close above ₹848 = pattern breakout confirmation
• Metal rally is rotating (Copper → Aluminium → Steel)
• Rotation tailwind can push JSL towards new highs

🧠 Approach:
Structure-based positional trade — patience + position sizing required.
Enter/hold on confirmation; avoid chasing intraday noise.

⚠️ Clarification:
This is an independent analysis based purely on technical and market study. No part of Religare is involved in this view or recommendation.

📝 Important:
I am not responsible for any loss or profit incurred. I am not taking any fees — sharing for educational and informational purposes only.

📉 Disclaimer: Not SEBI-registered. Please do your own research or consult a financial advisor before taking any investment decision.

Aviso legal

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