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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.

Showing technical analysis as on 2024-03-19 View latest technical analysis

10 day averaged volume of Jindal Steel is 2279722

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	794.25	806.00	817.05	790.60	1.109 times
18 Mon Mar 2024	808.00	767.75	810.90	767.75	1.772 times
15 Fri Mar 2024	767.75	780.00	783.10	760.90	1.059 times
14 Thu Mar 2024	781.60	764.95	784.90	756.50	1 times
13 Wed Mar 2024	764.20	807.50	814.70	760.20	0.954 times
12 Tue Mar 2024	807.15	827.75	832.90	800.65	0.722 times
11 Mon Mar 2024	827.75	845.00	845.00	823.60	0.625 times
07 Thu Mar 2024	839.00	833.00	851.00	832.20	0.955 times
06 Wed Mar 2024	830.15	826.70	833.95	801.40	0.985 times
05 Tue Mar 2024	824.45	839.45	840.55	822.00	0.674 times

My analysis of stock is bearish for shortterm, and stock might move down till 770.6 or till 737.4. Use a stoploss of 798.29 and if the stock hits stoploss, then it can shoot up till 825.97

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
Upside Target	795.80
Upside Target	801.40
Upside Target	804.45
Upside Target	817.05
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	768.98
Downside Intraday Target	743.72
Upside Intraday Target	818.28
Upside Intraday Target	842.32
Downside Intraday Target	793.02

Weekly technical analysis of Jindal Steel (JINDALSTEL)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	794.25	767.75	817.05	767.75	0.661 times
15 Fri Mar 2024	767.75	845.00	845.00	756.50	1.128 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

Price has moved up 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
19 Tue Mar 2024	794.25	780.50	851.00	756.50	0.605 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Jindal Steel ( (JINDALSTEL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Jindal Steel ( (JINDALSTEL) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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. Bears are weakening, and bulls are picking up momentum!

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

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

RSI is generating a SELL signal in short term but selling is losing 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 802.74 and Jindal Steel (JINDALSTEL) stock is trading below this level. This means that stock is falling with high volumes. 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.