Cup and Handle - JINDALSTEL Jindal steelCup and handle being formed on Jindal Steel and Power.. volume profile is supportive of this being a bullish continuation AND nice rounded cup bottom ..
Price currently in a channel (which is also the handle formation) .. watch for breakout of channel .. longer term target could be 450.. of the top of the handle is broken successfully.
Fundamentally - current US trade war and related tariffs on steel/aluminum etc. could be a good news for indian steel producers.. who knows which way it will go but one thing is sure .. volatility.. so watch out..