Sunday, February 13, 2011

Indian Stock Market Weekly Pick

JINDAL STEEL & POWER LTD (JINDALSTEL)






For the coming week, JINDALSTEL will have strong resistance at 629.


Reversal from resistance will take the stock to 614,595 and 582.


Breakout level is 640.10.


Trading above 640.10 will take the stock to 655, 670.




NEXT: Nifty Future Weekly Outlook






Disclaimer : This is not a recommendation/ solicitation of any order to buy or sell, but Jerry's view on indian stock market. I assume no responsibility for any opinion or statement made in this blog. Readers are urged to exercise their own judgment in trading. Readers shall solely be responsible for profit/loss

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