BULLISH VIEW IN JINDAL STEEL-- EDUCATIONAL PURPOSEJindal Saw LimitedNSE:JINDALSAWmgvirus1Stock made high 376.85 in Oct 2024, then it corrected and made low 151.60 in Dec 2025 (-60% ) correction in 14-15 months. Stock recovered since Jan 2026 and now higher high higher low structure is formed which indicates uptrend. Stock consolidated for 6-8 weeks before forming Higher high higher low which adds strength to probable initiation of uptrend. Long position can be initiated on re test level near 243.50 TARGET : 825 (238%) (FIBO) STOP LOSS : 214 (-12%) ON WEEKLY CLOSING BASIS RR RATIO : 1:19.7 Time Horizon : 10 years (July 2036) ONLY FOR INVESTMENT PURSPECTIVE, NOT FOR SHORT TERM TRADING