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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 2024-10-31 View latest technical analysis

10 day averaged volume of Jindal Steel is 2223055

Date	Daily Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	920.50	919.00	931.70	911.55	0.502 times
30 Wed Oct 2024	919.00	911.65	930.40	904.55	0.362 times
29 Tue Oct 2024	915.05	924.00	924.00	896.45	0.731 times
28 Mon Oct 2024	919.00	899.00	924.85	891.55	0.433 times
25 Fri Oct 2024	899.05	924.30	927.00	882.00	1.04 times
24 Thu Oct 2024	924.30	918.70	935.65	909.05	1.433 times
23 Wed Oct 2024	915.45	924.90	925.70	896.75	0.843 times
22 Tue Oct 2024	910.25	948.00	952.45	906.10	0.895 times
21 Mon Oct 2024	948.95	969.15	973.65	946.00	0.746 times
18 Fri Oct 2024	964.50	929.80	973.20	923.70	1.213 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 916.7 as stoploss in an intra day buy trade for a target of 954.44. However, stock will show a bearish move below 916.7.

Share price targets for Jindal Steel (JINDALSTEL)

Target Type	Value
Downside Target	882.00
Upside Target	965.00
Upside Target	1006.65
Upside Target	1013.40
Upside Target	1017.10
Upside Target	1034.20
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	897.47
Downside Intraday Target	874.43
Upside Intraday Target	937.62
Upside Intraday Target	954.73
Downside Intraday Target	914.58

Weekly technical analysis of Jindal Steel (JINDALSTEL)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	920.50	899.00	931.70	891.55	0.409 times
25 Fri Oct 2024	899.05	969.15	973.65	882.00	0.46 times
18 Fri Oct 2024	964.50	1006.05	1017.10	915.00	2.457 times
11 Fri Oct 2024	1005.85	1026.05	1034.20	965.00	0.708 times
04 Fri Oct 2024	1021.10	1038.00	1069.00	1013.40	1.177 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
31 Thu Oct 2024	920.50	1050.00	1069.00	882.00	1.315 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 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 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 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 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.

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. 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 and selling is picking up 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 925.27 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.