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Buy JSW Steel, target Rs 442:

We expect JSW Steel to move higher towards its potential target of Rs 442 in the medium term.   JSW Steel is in a solid uptrend and has also been maintaining its higher top higher bottom structure. In fact, the upswing is so strong that the stock doesn’t even breach below its short-term 5-DEMA which indicates every decline is being used as a buying opportunity. We expect JSW Steel to move higher towards its potential target of Rs 442 in the medium term. MORE WILL UPDATE SOON!!