March 28, 2015

JINDALSTEEL technicals

While nifty moved from 7400 in June 2013 to 9000 this year, this stock crashed from 340 levels to 160 levels in the same period... so much for underperformance.

Now it seems to have bottomed out and I was long and got stopped out but the charts are still looking good.

Support and resistance levels are plotted on charts.



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