Stock Radar: Jindal Steel stock breaks out from 18-month consolidation on weekly charts to hit fresh record highs in Jan 2026; time to buy?

Jindal Steel Ltd shows strong upward momentum after breaking out of an 18-month consolidation. Experts recommend buying the stock for potential gains in the coming months. The stock has already seen significant gains recently. Traders can consider buying on dips towards the Rs 1,100 level. A target of Rs 1,600 is projected with a stop loss below Rs 1,020.