Jindal Steel Bullish Outlook

Jindal steel chart is showing a bullish engulfing candle.
The candle has crossed the 100 DEMA with good volume.
RSI too is trending at 68.
A closing above 408 can give an upward move of about 10%.

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T1 acting as resistance. With good volume and trending RSI it may achieve T2.
Trailing SL 435.

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Target 3 is 552
and Target 4 is 577
Trailing SL on DCB 490

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For Target 4 the trailing SL 505

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To ride with a TSL of 565

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TSL 665-670