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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 2024-08-14 View latest technical analysis

10 day averaged volume of Jindal Steel is 2011353

Date	Daily Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	929.75	908.95	931.95	896.00	1.887 times
13 Tue Aug 2024	908.95	921.50	927.85	905.00	0.72 times
12 Mon Aug 2024	918.10	914.95	920.60	902.20	1.183 times
09 Fri Aug 2024	916.20	926.80	937.00	913.55	0.736 times
08 Thu Aug 2024	919.15	938.00	938.00	915.00	1.096 times
07 Wed Aug 2024	946.40	936.00	949.85	925.10	1.125 times
06 Tue Aug 2024	925.35	919.10	936.45	919.10	1.389 times
05 Mon Aug 2024	917.85	937.90	946.05	903.45	1.658 times
02 Fri Aug 2024	956.75	969.00	974.65	953.15	0.986 times
01 Thu Aug 2024	983.30	996.00	1006.65	975.20	0.618 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 923.2 as stoploss in an intra day buy trade for a target of 948.89. However, stock will show a bearish move below 923.2.

Share price targets for Jindal Steel (JINDALSTEL)

Target Type	Value
Downside Target	855.15
Downside Target	896.00
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	906.52
Downside Intraday Target	883.28
Upside Intraday Target	942.47
Upside Intraday Target	955.18
Downside Intraday Target	919.23

Weekly technical analysis of Jindal Steel (JINDALSTEL)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	929.75	914.95	931.95	896.00	0.631 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 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
14 Wed Aug 2024	929.75	996.00	1006.65	896.00	0.512 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 gaining momentum.

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

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

Jindal Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 929.95 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.