Jindal Steel JINDALSTEL– Bullish Breakout 🚀📊
Jindal Steel JINDALSTEL is showing a strong bullish setup with a breakout above the weekly 20-EMA, supported by rising volumes, indicating potential for fresh all-time high moves.
Fundamentally, the company remains solid with consistent growth in cash flows and PAT. Sector-wise, India’s steel industry is in a multi-year upcycle driven by infrastructure push, decarbonization, and supply chain shifts, providing strong tailwinds for further upside.
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