JINDAL STEEL & POWER LTD
Short
Updated

JSPL - overbought. Long caution

228
JSPL has doubled since its july low. Risk reward is poor on fresh longs
Longs might want to exercise caution here. More of a long exit than shorts
For buyers, better levels should emerge with time
Trade closed manually
Stock corrected from around 600 towards 530. CMP around 560
Short view closed

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.