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MTECHTIPS:-  JINDALSTEL:-        JINDALSTEL is in HOLD LONG position Share is in sideways and sellers was at high so for short term better buy above 258.9 or hold with stop at 242.0 The next resistance will be at 256.8 The JINDALSTEL is now trading in highly overbought level. The oscillator is showing SELL signal.The short term buy signal is supported by 63 % indicators.
Intraday trend-Buy is advised only above 258.9 with a stop at 251.6 Below 249.5 go for sell and put stop at 256.8 The intraday signal is BUY and it is supported by 73 % indicators.