Tuesday, 11 February 2020

"Long-term Breakout" Stock Ready for 25/30% Rally.

Jindal Steel & Power
Group A (MidCap)
INDUSTRY: Iron and Steel

Long Term Breakout 
Stock Broken its 2 year old Resistance .
Price to book value: 0.60
MCap to Sales: 0.51
Sales Growth(3Yrs): 34.06 %+
Company has reduced debt.
Stock is trading at 0.62 times its book value

Buy range Near192-183 SL 159cb Target 243/288 

Buy with proper position sizing 


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