Jindal Steel & Power - 15 Yrs Breakout - Yes/No?

Monthly chart of Jindal Steel & Power shows high potential of a breakout from resistance level of 15 years. OBV shows massive accumulation in volumes with strong RSI levels.

Can be a very good BUY opportunity above 800 for potential gains in excess of 200% in long term and 50-60% in short term.

Mutual funds raised their stakes recently. Quarterly results are promising as well.

Сделка активна:

Breakout has happened.