[Premium] Trade Of The Week

Jindal Stainless Limited (JSL) had a decadal-long breakout above its 2008 highs. JSL relative to the Nifty 100, has been outperforming with a strong breakout in the ratio chart. The RSI indicator is in the overbought territory suggesting bullish momentum.
We're bullish above the risk management level of 244, with a target close to 385.

Click on the chart to zoom in.

  Thanks for reading and please let us know if you have any questions.

And if you're a Premium Member, check out our other weekly post, "Three Charts For The Week Ahead."

Allstarcharts Team