Monday, May 27, 2013



Metal sector is under pressure for almost 4 months. JSW Steel looks a good buy with more open interest added and trading with huge volumes for last two days.Stock gave a trend line break out on last Friday. One can buy the stock at CMP or a dip till 700 for targets of 729 with SL at 690. Above 730 it is going to be trend change for the stock for targets of 745/754.

1 comment:

  1. Trail your SL or part book. If you see breakout above 730, one can re enter.