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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 2024-03-21 View latest technical analysis

10 day averaged volume of Jindal Steel is 2220443

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	821.55	798.10	823.40	778.10	1.549 times
20 Wed Mar 2024	782.35	798.90	803.40	774.95	0.573 times
19 Tue Mar 2024	794.25	806.00	817.05	790.60	1.139 times
18 Mon Mar 2024	808.00	767.75	810.90	767.75	1.82 times
15 Fri Mar 2024	767.75	780.00	783.10	760.90	1.088 times
14 Thu Mar 2024	781.60	764.95	784.90	756.50	1.026 times
13 Wed Mar 2024	764.20	807.50	814.70	760.20	0.98 times
12 Tue Mar 2024	807.15	827.75	832.90	800.65	0.742 times
11 Mon Mar 2024	827.75	845.00	845.00	823.60	0.642 times
07 Thu Mar 2024	839.00	833.00	851.00	832.20	0.98 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 828.2 as stoploss in an intra day sell trade for a target of 800.72. However, stock will show a bullish move above 828.2.

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	801.40
Downside Target	804.45
Upside Target	823.40
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	785.07
Downside Intraday Target	748.58
Upside Intraday Target	840.72
Upside Intraday Target	859.88
Downside Intraday Target	804.23

Weekly technical analysis of Jindal Steel (JINDALSTEL)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	821.55	767.75	823.40	767.75	1.135 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
21 Thu Mar 2024	821.55	780.50	851.00	756.50	0.697 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 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 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 to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Jindal Steel in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 800.34 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 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 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.