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.
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.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.