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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 2024-10-03 View latest technical analysis

10 day averaged volume of Jindal Steel is 2685123

Date	Daily Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	1051.05	1030.00	1069.00	1027.05	2.314 times
01 Tue Oct 2024	1035.35	1050.00	1050.00	1019.45	0.887 times
30 Mon Sep 2024	1039.65	1038.00	1058.85	1023.55	1.131 times
27 Fri Sep 2024	1028.05	1036.00	1048.90	1011.10	1.118 times
26 Thu Sep 2024	1028.25	1027.00	1035.70	1013.80	0.709 times
25 Wed Sep 2024	1020.80	1053.00	1054.75	1018.50	0.955 times
24 Tue Sep 2024	1041.55	1032.00	1053.00	1032.00	1.034 times
23 Mon Sep 2024	1021.35	1015.00	1024.00	1008.60	0.539 times
20 Fri Sep 2024	1009.40	1015.65	1041.45	1003.60	1.146 times
19 Thu Sep 2024	1002.80	1035.25	1043.70	997.55	1.818 times

Stock of Jindal Steel (JINDALSTEL) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1045.1, but if it comes below 1045.1, then a intra day sell could be more profitable.
If you take a sell trade below 1045.1, then use 1045.1 as stoploss and 1010.69 as target. However if you take a buy trade in stock , then use 1045.1 as stoploss and 1086.5 as target.

Share price targets for Jindal Steel (JINDALSTEL)

Target Type	Value
Downside Target	896.00
Downside Target	980.85
Downside Target	1019.45
Downside Target	1035.70
Upside Target	1054.75
Upside Target	1069.00
Upside Target	1073.70
Upside Target	1075.20
Upside Target	1097.00

Intraday share price targets for Jindal Steel (JINDALSTEL)

Target Type	Value
Downside Intraday Target	1024
Downside Intraday Target	996.95
Upside Intraday Target	1073.55
Upside Intraday Target	1096.05
Downside Intraday Target	1046.5

Weekly technical analysis of Jindal Steel (JINDALSTEL)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	1051.05	1038.00	1069.00	1019.45	0.995 times
27 Fri Sep 2024	1028.05	1015.00	1054.75	1008.60	0.841 times
20 Fri Sep 2024	1009.40	1036.00	1073.70	997.55	1.235 times
13 Fri Sep 2024	1031.10	953.95	1035.70	933.00	1.975 times
06 Fri Sep 2024	953.95	975.00	980.85	929.05	0.836 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
03 Thu Oct 2024	1051.05	1050.00	1069.00	1019.45	0.188 times
30 Mon Sep 2024	1039.65	975.00	1073.70	929.05	1.271 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

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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Jindal Steel in short term and the buy signal is strong.

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 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 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 1028.83 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.