Rachit_Sethia

#JSL Cmp100.90 #target 121(20%+) #BANKNIFTY #INFY #TCS #RELIANCE

Long
NSE:JSL   JINDAL STAINLESS
#JSL
NSE: JSL
Long Term Investment
CMP 100.90
Target : 121
SL : 91
Timeframe < 60 Days
Can hold for longer time



Factors:
Rounding Bottom Pattern
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.

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With 💚 from Rachit Sethia

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