Sell Jindal Saw: Ashwani Gujral, ashwanigujral.com
Over the last many months Jindal Saw was between 175 and probably about 220.
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| Ashwani Gujral, Chief Market Strategist, ashwanigujral.com (Technical Check), in a chat with ET Now, speaks about Jindal Saw.
Have you looked at Jindal Saw not that the other pipe companies have corrected so much but Jindal Saw in particular has seen some serious selling?
Over the last many months Jindal Saw was between 175 and probably about 220. Now since that 175 level has broken down I think Jindal Saw is heading towards levels of 120-125 because this is a clear topping out pattern and it seeing consistent selling.
In fact was my recommendation the game also to sell today.
Have you looked at Jindal Saw not that the other pipe companies have corrected so much but Jindal Saw in particular has seen some serious selling?
Over the last many months Jindal Saw was between 175 and probably about 220. Now since that 175 level has broken down I think Jindal Saw is heading towards levels of 120-125 because this is a clear topping out pattern and it seeing consistent selling.
In fact was my recommendation the game also to sell today.
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