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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 2024-11-08 View latest technical analysis

10 day averaged volume of Jindal Steel is 1578258

Date	Daily Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	928.05	947.60	955.50	920.15	0.751 times
07 Thu Nov 2024	947.60	955.00	968.95	929.60	1.848 times
06 Wed Nov 2024	951.85	942.00	955.50	928.00	1.593 times
05 Tue Nov 2024	936.05	909.00	939.00	905.15	1.439 times
04 Mon Nov 2024	909.20	932.00	933.90	897.80	0.653 times
01 Fri Nov 2024	929.50	927.90	935.40	922.40	0.145 times
31 Thu Oct 2024	920.50	919.00	931.70	911.55	0.707 times
30 Wed Oct 2024	919.00	911.65	930.40	904.55	0.51 times
29 Tue Oct 2024	915.05	924.00	924.00	896.45	1.029 times
28 Mon Oct 2024	919.00	899.00	924.85	891.55	0.61 times

My analysis of stock is bearish for shortterm, and stock might move down till 911.1 or till 883. Use a stoploss of 934.52 and if the stock hits stoploss, then it can shoot up till 957.92

Share price targets for Jindal Steel (JINDALSTEL)

Target Type	Value
Downside Target	882.00
Upside Target	965.00
Upside Target	968.95
Upside Target	973.65
Upside Target	1006.65
Upside Target	1017.10
Upside Target	1034.20
Upside Target	1069.00
Upside Target	1073.70
Upside Target	1075.20

Intraday share price targets for Jindal Steel (JINDALSTEL)

Target Type	Value
Downside Intraday Target	894.25
Downside Intraday Target	860.45
Upside Intraday Target	965.4
Upside Intraday Target	1002.75
Upside Intraday Target	931.6

Weekly technical analysis of Jindal Steel (JINDALSTEL)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	928.05	932.00	968.95	897.80	2.093 times
01 Fri Nov 2024	929.50	899.00	935.40	891.55	0.43 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Jindal Steel (JINDALSTEL)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	928.05	927.90	968.95	897.80	0.169 times
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

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 to mid 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Jindal Steel in short term but SELL 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 932.85 and Jindal Steel (JINDALSTEL) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.

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