JINDALSAW Shows Reversal Strength
JINDALSAW appears bullish as the stock rebounds sharply from lower levels with strong volume, indicating buying interest after a prolonged downtrend. The recent breakout above short-term resistance suggests a potential trend reversal, while momentum indicators are improving and volatility is expanding in favor of bulls. If the stock sustains above the ₹165–168 zone, it can gradually move toward the ₹180–185 levels, with dips likely to attract fresh buying interest.
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