I am not qualified to comment on the chart. May be Saint or vvonteru will help you in this regard. However, I feel I must tell whatever I have observed about some of these Jindal group companies. Jindal Poly, Jindal Photo, Consolidated Finvest etc. are darlings of stock operators, who are guided by the promoters of these companies. Usually these companies are dormant for years and years altogether languishing around or below Rs. 50/-. When the promoters feel that they have to make money (of course at the expenses of gullible investors), these scrips begin to jump up and down quite rapidly. Usually this trick begins some months before the issue. I do not know whether you remember this. Jindal Photo came with a public issue at par (i.e. Rs. 10/-) during 1991 or 1992. Thereafter, it remained dormant for several years. During 1996 or 1997, they came with a follow on public issue at a premium of Rs. 175/-. As you might have rightly guessed, its share price was taken to (hold your breath) the level of in excess of Rs. 700/-. As usual investors subscribed to the issue at that heafty premium and thereafter, the share price tanked (again hold your breath) to the level of Rs. 30/-. Thereafter, during 2004 or 2005, the very same company was split in to Jindal Photo and Consolidated Finvest and both these companies were listed on bourses. Again this Jindal Photo and Consolidated Finvest jumped around (Jindal Photo from Rs. 220/- to about Rs. 450/-) (consolidated Fonvest from (Rs. 35/- to about Rs. 70/-) in matter of few months. Both of them have tanked from that level and look where they are now. Perhaps they will not move for several years. Same was the story with Jindal Poly. It ran heavily just before public issue. Public issue (in this case follow on issue) was made at a heafty premium, gullible public subscribed to this issue, thereafter usual story but with a tragic end (from investor point of view). Share price tanked to the present level. I think promoters of all these companies are same. If any other member knows about the credentials of these promoters, kindly post here. If any member has got any dissenting opinion, kindly post here. I have learned a very bitter lesson. Check the promoters before you invest. How do I know all these things? I myself have held the shares of Jindal Photo right from its first public issue during 1991 to 2005. Fortunately, I did not subscribe to the follow on offer. Not that I had done my home work and avoided it deliberately. But, I simply did not have any money at that time. God saved me from dooming. I have realised about several games played at stock markets only when I went through the informative posts made by members of this forum. Hope this post warns you sufficiently.