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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 2024-08-13 View latest technical analysis

10 day averaged volume of Jindal Steel is 1987946

Date	Daily Closing Price	Open	High	Low	Volume
13 Tue Aug 2024	908.95	921.50	927.85	905.00	0.729 times
12 Mon Aug 2024	918.10	914.95	920.60	902.20	1.197 times
09 Fri Aug 2024	916.20	926.80	937.00	913.55	0.744 times
08 Thu Aug 2024	919.15	938.00	938.00	915.00	1.109 times
07 Wed Aug 2024	946.40	936.00	949.85	925.10	1.138 times
06 Tue Aug 2024	925.35	919.10	936.45	919.10	1.406 times
05 Mon Aug 2024	917.85	937.90	946.05	903.45	1.677 times
02 Fri Aug 2024	956.75	969.00	974.65	953.15	0.997 times
01 Thu Aug 2024	983.30	996.00	1006.65	975.20	0.625 times
31 Wed Jul 2024	988.25	990.00	992.00	980.15	0.495 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 924.4, but if it comes above 924.4, then a intra day buy could be more profitable.
If you take a sell trade below 924.4, then use 924.4 as stoploss and 890.2 as target. However if you take a buy trade in stock , then use 924.4 as stoploss and 952.9 as target.

Share price targets for Jindal Steel (JINDALSTEL)

Target Type	Value
Downside Target	855.15
Downside Target	901.20
Upside Target	949.85
Upside Target	953.15
Upside Target	974.95
Upside Target	1006.65
Upside Target	1028.00
Upside Target	1075.20
Upside Target	1085.95
Upside Target	1097.00

Intraday share price targets for Jindal Steel (JINDALSTEL)

Target Type	Value
Downside Intraday Target	898.15
Downside Intraday Target	887.35
Upside Intraday Target	923.8
Upside Intraday Target	938.65
Upside Intraday Target	913

Weekly technical analysis of Jindal Steel (JINDALSTEL)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Tue Aug 2024	908.95	914.95	927.85	902.20	0.317 times
09 Fri Aug 2024	916.20	937.90	949.85	903.45	1.72 times
02 Fri Aug 2024	956.75	979.50	1006.65	953.15	0.487 times
26 Fri Jul 2024	972.35	942.00	974.95	918.90	1.365 times
19 Fri Jul 2024	946.35	1017.90	1028.00	944.45	1.357 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
13 Tue Aug 2024	908.95	996.00	1006.65	902.20	0.427 times
31 Wed Jul 2024	988.25	1045.00	1075.20	918.90	0.927 times
28 Fri Jun 2024	1044.40	1080.00	1097.00	901.20	1.066 times
31 Fri May 2024	1028.15	934.00	1085.95	908.60	0.864 times

Scroll below to view daily charts

Price has moved down 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 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 mid to longer 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.

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

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

Jindal Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 932.84 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 negative.

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