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Jindal Steel

Gold Member

5988 Messages

after a very long time I feel really confident of market .... both FII and Dii were net buyers in cash for 450 cr and 125 cr .... this changes the underlying sentiment that market will sustain at this level .... Monday market will definitely try to cross 10137 which is it previous high... next week I expect it to touch 10200 if there is no big global event ....coming to JSPL it finally crossed 150 late but not last ... all underlying data is positive for the share ... very good volume increase for 4 sessions in a row ... above 25 % delevry for all session in the week .... today`s increase was driven by 500 K reduction in open interest..... trust me if you guys hold on to your shares there is atleast 6 to 7 million short positions which needs to clos3 and we will see exceptional q2 and a even better q3 on power and Angul side and GDP matrix will also improve as stocking will increase post GST implementation .... we can see the share touching 220 to 250 by Jan 18 ..... it will be on a upward momentum and once q2 it comes with 500 cr profit it will become as stable as a tata steel or JSW energy as people will have a clear idea of what should be the valuation of the company ... the choice is yours at what price you want to exit

10.48 PM Sep 15th
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