Business News›Markets›Stocks›News›Time to buy? Consolidation breakout seen on broader charts in JSW Steel: Shitij Gandhi
Time to buy? Consolidation breakout seen on broader charts in JSW Steel: Shitij Gandhi
“JSW Steel stock has been trading within a wider range of 780 to 880 for the past 4 months. It is trading comfortably above its 200-day exponential moving average on daily charts. Traders can buy for a target of Rs 1040 in the next 6-7 weeks,” Shitij Gandhi, Senior Technical Analyst, SMC Global Securities, said.
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