Sell Jindal Steel for best risk to reward ratio

Sell Jindal Stel below 350, target 334, stoploss 366. We took the position last week. There was a pullback seen because of financial year end closing. Still downtrend is intact and stock is under 200 DMA. Parabolic SAR is still showing a down trend.jindal

Long term investors can wait till the price comes out of the triangular pattern.

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