Saturday, October 16, 2021

JINDALSTEL | POSITIONAL | Outperformer

              

investment , finvestonline.com

Jindal Steel Power

CMP  : 446

➽  JIndal Steel & Power Limited operates in the steel, power, mining, and infrastructure sectors in India and internationally. It operates through Iron and Steel Products, Power, and Others segments. 


The company offers track and crane rails, and flash-butt welded rail panels; and medium and heavy hot rolled parallel flange beams and column sections for use in refineries, metro rail projects, airports, flyovers, power plants, highways, malls, and high rise buildings. 


It also provides discrete and cut to length plates, and hot rolled coils that are used in general engineering and structural fabrication, railway wagons, pressure vessels and boilers, oil and gas pipelines, bridges and flyovers, shipbuilding, earthmoving equipment, wind mills, and defense equipment; angles and channels for infrastructure, and industrial and light construction segments; TMT rebars; wire rods for various applications; round bars; and fabricated sections.



  Price Levels

Make long position for the levels of 478 in short term and 747 in mid to long term.



Thanks for your Precious Time.


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