JINDAL STEEL
Stock witnessing strong trend line resistance around 87.50 as shown in above image, as long as it holds below bears will be favored bulls action can be seen once stock closes and holds above 87.50.
Technical chart also indicates that stock major indicator is in over bought zone this will favor bears as long as it stays below 87.50.
Intraday stock look good above 87.50, will find resistance around 89.50, 91.
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