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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 2024-04-16 View latest technical analysis

10 day averaged volume of Jindal Steel is 2945145

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	901.80	892.00	909.20	883.00	0.53 times
15 Mon Apr 2024	893.75	892.55	913.00	876.05	0.845 times
12 Fri Apr 2024	897.55	900.95	907.90	891.20	0.374 times
10 Wed Apr 2024	897.75	911.00	911.05	891.65	2.524 times
09 Tue Apr 2024	902.55	912.10	927.00	899.00	0.853 times
08 Mon Apr 2024	911.55	916.10	924.15	903.65	0.564 times
05 Fri Apr 2024	915.75	902.50	921.50	888.05	1.082 times
04 Thu Apr 2024	903.35	908.50	915.00	898.60	0.555 times
03 Wed Apr 2024	902.40	892.70	916.90	889.30	1.077 times
02 Tue Apr 2024	896.90	875.00	900.00	857.30	1.388 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 907.6 as stoploss in an intra day sell trade for a target of 860.9. However, stock will show a bullish move above 907.6.

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	876.05
Downside Target	891.20
Upside Target	913.00
Upside Target	921.50
Upside Target	927.00

Intraday share price targets for Jindal Steel (JINDALSTEL)

Target Type	Value
Downside Intraday Target	880.9
Downside Intraday Target	860
Upside Intraday Target	917.85
Upside Intraday Target	933.9
Downside Intraday Target	896.95

Weekly technical analysis of Jindal Steel (JINDALSTEL)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	901.80	892.55	913.00	876.05	0.319 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
22 Fri Mar 2024	832.90	767.75	835.80	767.75	1.342 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
16 Tue Apr 2024	901.80	858.00	927.00	855.15	0.695 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 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 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 moving up

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

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 901.53 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 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.