Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-09-11 View latest technical analysis

10 day averaged volume of Jindal Steel is 1413358

Date	Daily Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	966.90	960.00	970.90	951.30	1.186 times
10 Tue Sep 2024	962.00	950.00	973.45	949.60	1.348 times
09 Mon Sep 2024	945.80	953.95	965.35	933.00	1.328 times
06 Fri Sep 2024	953.95	950.50	969.70	937.80	0.93 times
05 Thu Sep 2024	950.50	947.00	955.65	942.60	0.557 times
04 Wed Sep 2024	945.60	935.00	953.35	929.05	1.117 times
03 Tue Sep 2024	948.25	965.00	969.35	946.05	0.688 times
02 Mon Sep 2024	965.35	975.00	980.85	959.00	0.742 times
30 Fri Aug 2024	970.40	961.30	976.00	960.90	1.898 times
29 Thu Aug 2024	960.50	964.00	967.00	948.55	0.744 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 969.9 as stoploss in an intra day sell trade for a target of 957.17. However, stock will show a bullish move above 969.9.

Share price targets for Jindal Steel (JINDALSTEL)

Target Type	Value
Downside Target	896.00
Upside Target	969.00
Upside Target	973.45
Upside Target	980.85
Upside Target	987.85
Upside Target	1006.65
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	942.12
Downside Intraday Target	917.33
Upside Intraday Target	982.57
Upside Intraday Target	998.23
Downside Intraday Target	957.78

Weekly technical analysis of Jindal Steel (JINDALSTEL)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	966.90	953.95	973.45	933.00	0.957 times
06 Fri Sep 2024	953.95	975.00	980.85	929.05	0.836 times
30 Fri Aug 2024	970.40	965.00	987.85	948.55	1.344 times
23 Fri Aug 2024	959.85	944.30	969.00	931.15	0.583 times
16 Fri Aug 2024	934.50	914.95	941.25	896.00	0.72 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
11 Wed Sep 2024	966.90	975.00	980.85	929.05	0.311 times
30 Fri Aug 2024	970.40	996.00	1006.65	896.00	0.801 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

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 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Jindal Steel in short term but the buy 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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 SELL signal in short term and selling is picking up 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 958.2 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 negative.

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