We are bullish on the stock with current market price of Rs 106.65. On daily chart stock engulf the bear candle and oscillators are neutral to bullish.

`Buy` above Rs 137 for a target of Rs 150 with a strict stop loss placed below Rs 130. Yesterday, JINDAL SAW has formed a Doji on the daily charts.

A meeting of the Board of Directors of Jindal Saw Ltd will be held on May 30, 2012, to consider and take on record the Audited Financial Results for the last quarter ended March 31, 2012.

The Minister of Steel, Mr Beni Prasad Verma has said that as per available information, the Steel Authority of India Limited in the public sector and TATA Steel, Jindal Steel & Power Limited, Lloyd Metals & Engineers Limited, Usha Martin Limited, ...

The BSE Sensex and NSE Nifty stayed lower for the second consecutive session on Wednesday due to Greece concerns and rupee weakness.