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(JINDALSTEL) Jindal Steel complete technical analysis [charts+indicators] | Buy/Sell Jindal Steel | (JINDALSTEL) share price targets

Complete technical analysis of Jindal Steel (JINDALSTEL) by charts plus indicators, forecast predictions and share price targets for Jindal Steel (JINDALSTEL)

Jindal Steel trades in NSE in Iron & Steel sector.

10 day averaged volume of Jindal Steel is 2885089

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	909.85	921.90	922.45	905.10	0.352 times
22 Mon Apr 2024	917.65	935.80	945.35	915.30	0.608 times
19 Fri Apr 2024	927.25	900.00	931.95	885.80	1.341 times
18 Thu Apr 2024	905.85	906.15	936.00	899.20	1.14 times
16 Tue Apr 2024	901.80	892.00	909.20	883.00	0.541 times
15 Mon Apr 2024	893.75	892.55	913.00	876.05	0.862 times
12 Fri Apr 2024	897.55	900.95	907.90	891.20	0.382 times
10 Wed Apr 2024	897.75	911.00	911.05	891.65	2.576 times
09 Tue Apr 2024	902.55	912.10	927.00	899.00	0.87 times
08 Mon Apr 2024	911.55	916.10	924.15	903.65	0.576 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 918.4 as stoploss in an intra day sell trade for a target of 886.31. However, stock will show a bullish move above 918.4.

Share price targets for Jindal Steel (JINDALSTEL)

Target Type	Value
Downside Target	671.05
Downside Target	687.80
Downside Target	708.70
Downside Target	756.50
Downside Target	804.45
Downside Target	826.95
Downside Target	855.15
Downside Target	905.10
Upside Target	921.50
Upside Target	927.00
Upside Target	936.00
Upside Target	945.35

Intraday share price targets for Jindal Steel (JINDALSTEL)

Target Type	Value
Downside Intraday Target	894.85
Downside Intraday Target	879.85
Upside Intraday Target	935.1
Upside Intraday Target	960.35
Upside Intraday Target	920.1

Weekly technical analysis of Jindal Steel (JINDALSTEL)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	909.85	935.80	945.35	905.10	0.247 times
19 Fri Apr 2024	927.25	892.55	936.00	876.05	0.882 times
12 Fri Apr 2024	897.55	916.10	927.00	891.20	0.891 times
05 Fri Apr 2024	915.75	858.00	921.50	855.15	2.108 times
28 Thu Mar 2024	849.15	842.90	867.70	826.95	0.507 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Jindal Steel (JINDALSTEL)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	909.85	858.00	945.35	855.15	0.918 times
28 Thu Mar 2024	849.15	780.50	867.70	756.50	0.869 times
29 Thu Feb 2024	776.25	766.75	804.45	708.70	1.408 times
31 Wed Jan 2024	757.15	752.00	763.55	687.80	0.623 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Jindal Steel (JINDALSTEL)

Price action analysis of Jindal Steel ( (JINDALSTEL) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Jindal Steel ( (JINDALSTEL) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Jindal Steel ( (JINDALSTEL) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Jindal Steel ( (JINDALSTEL) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Jindal Steel stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Jindal Steel in short term but the sell signal is initial and weak.

Jindal Steel Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Jindal Steel in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Jindal Steel is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 905.96 and Jindal Steel (JINDALSTEL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Jindal Steel (JINDALSTEL) stock. Volume based technical analysis of Jindal Steel (JINDALSTEL) stock is negative.

Jindal Steel Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.