Technical Analysis Trading Call on Jindal Vijaynagar Steel

#23
The steel sector has been steeling itself for some time now & finally got going. JINVIJSTL touched a high of 16.5 today. Spot-on again Traderji & keep showing us the way. :eek:

Traderji, you're simply beyond words,
your heart is as big as a tree;
To share one's wisdom so selflessly,
that's as good as a man can ever be. :)
 

Traderji

Super Moderator
#24
jaideep said:
The steel sector has been steeling itself for some time now & finally got going. JINVIJSTL touched a high of 16.5 today. Spot-on again Traderji & keep showing us the way. :eek:

Traderji, you're simply beyond words,
your heart is as big as a tree;
To share one's wisdom so selflessly,
that's as good as a man can ever be. :)
Looks like the steel sector has finally broken upwards. Enjoy the spoils and have a Merry X'mas!
 
#25
Nice move in Jindal Vij Steel......Thanx Traderji!
 
#26
Traderji,
Jindal Vijay has again moved above Rs.18. Last time it had declined to Rs. 14 from this level. Is this a good time to exit this stock or can we expect some more upside in coming sessions? :confused:

Regards
 

Traderji

Super Moderator
#27
Sandy said:
Traderji,
Jindal Vijay has again moved above Rs.18. Last time it had declined to Rs. 14 from this level. Is this a good time to exit this stock or can we expect some more upside in coming sessions? :confused:

Regards
Jindal Vijay did make a high of 19.00 yesterday, which was also the high it made on 31/12/2004. A close above this level will see the stock go up to 21.50 - 22.00.

Else keep a profit booking stop at 17.55.
 

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