Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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.

Showing technical analysis as on 2024-03-12 View latest technical analysis

10 day averaged volume of Jindal Steel is 2080998

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Mar 2024	807.15	827.75	832.90	800.65	0.791 times
11 Mon Mar 2024	827.75	845.00	845.00	823.60	0.685 times
07 Thu Mar 2024	839.00	833.00	851.00	832.20	1.046 times
06 Wed Mar 2024	830.15	826.70	833.95	801.40	1.079 times
05 Tue Mar 2024	824.45	839.45	840.55	822.00	0.739 times
04 Mon Mar 2024	839.45	837.85	849.50	826.00	1.372 times
02 Sat Mar 2024	838.50	825.10	844.85	823.60	0.23 times
01 Fri Mar 2024	822.85	780.50	825.00	775.45	2.526 times
29 Thu Feb 2024	776.25	758.05	779.60	755.95	1.202 times
28 Wed Feb 2024	755.25	778.05	781.40	752.85	0.468 times

My analysis of stock is bullish for shortterm, and stock might move up till 823.8 or till 860.6. Use a stoploss of 793.09 and if this stock hits its stoploss, then it can fall down till 762.39

Share price targets for Jindal Steel (JINDALSTEL)

Target Type	Value
Downside Target	581.60
Downside Target	671.05
Downside Target	708.70
Downside Target	752.85
Downside Target	795.80
Downside Target	800.65
Downside Target	801.40
Downside Target	804.45
Upside Target	844.85
Upside Target	845.00
Upside Target	851.00

Intraday share price targets for Jindal Steel (JINDALSTEL)

Target Type	Value
Downside Intraday Target	790.2
Downside Intraday Target	773.25
Upside Intraday Target	834.55
Upside Intraday Target	861.95
Upside Intraday Target	817.6

Weekly technical analysis of Jindal Steel (JINDALSTEL)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Mar 2024	807.15	845.00	845.00	800.65	0.348 times
07 Thu Mar 2024	839.00	837.85	851.00	801.40	0.748 times
02 Sat Mar 2024	838.50	787.10	844.85	752.85	0.879 times
23 Fri Feb 2024	786.55	772.00	795.80	753.00	1.438 times
16 Fri Feb 2024	769.50	761.45	779.60	708.70	0.685 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
12 Tue Mar 2024	807.15	780.50	851.00	775.45	0.343 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
29 Fri Dec 2023	748.10	678.00	767.90	671.05	1.192 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 neutral. A longer time frame might give a better analysis.

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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Jindal Steel in short term and the buy signal is strong.

Jindal Steel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL 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 818.47 and Jindal Steel (JINDALSTEL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 is giving positive 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.