Jindal Steel & Power Ltd (JSPL) has been quietly building strength, and I believe it’s getting ready for a significant bullish move. Backed by a strong order book, aggressive capacity expansion, and rising demand in the infrastructure and energy sectors, this steel giant is poised to benefit from India’s ongoing industrial momentum.
🔍 Why Jindal Steel Looks Bullish:
Strong Fundamentals: JSPL has shown consistent revenue and EBITDA growth, with a healthy debt reduction strategy over the past few years.
Sector Tailwinds: With government focus on infrastructure and renewable energy, the demand for structural steel and power is set to rise.
Technical Setup: The stock has been forming higher highs and higher lows—a classic uptrend. The current consolidation around ₹980 looks healthy and might just be the launchpad for the next leg up.
Expansion Plans: Ongoing capacity expansions in both steel and power divisions strengthen long-term visibility.
📌 Personal View:
I personally believe that Jindal Steel is gearing up for a strong upside, and I’m very bullish on the stock from these levels. However, discipline is key—always maintain a strict stop loss (no trade should risk more than 5% of your capital).
⚠️ Disclaimer:
This is not a buy/sell recommendation, but purely a personal idea shared for educational purposes. Please do your own research and consult a financial advisor before taking any position.
🔍 Why Jindal Steel Looks Bullish:
Strong Fundamentals: JSPL has shown consistent revenue and EBITDA growth, with a healthy debt reduction strategy over the past few years.
Sector Tailwinds: With government focus on infrastructure and renewable energy, the demand for structural steel and power is set to rise.
Technical Setup: The stock has been forming higher highs and higher lows—a classic uptrend. The current consolidation around ₹980 looks healthy and might just be the launchpad for the next leg up.
Expansion Plans: Ongoing capacity expansions in both steel and power divisions strengthen long-term visibility.
📌 Personal View:
I personally believe that Jindal Steel is gearing up for a strong upside, and I’m very bullish on the stock from these levels. However, discipline is key—always maintain a strict stop loss (no trade should risk more than 5% of your capital).
⚠️ Disclaimer:
This is not a buy/sell recommendation, but purely a personal idea shared for educational purposes. Please do your own research and consult a financial advisor before taking any position.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.