Sell JSWSTEEL , says Thunuguntla targeted price of Rs 521

Sell JSWSTEEL , says Thunuguntla of SMC Global

Jagannadham Thunuguntla told CNBC-TV18, “Short JSWSTEEL with a day targeted price of Rs 521. The firm is having bad times beginning Aug and also the company’s bad times are ongoing as Central Bureau Of Investigation is doing the investigations in its Bellary factory as well as information that the promoter has pledged additional share in the firm will never go well with the market. The share is chosen in that context with a day targeted price of Rs 521.”

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