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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 2024-11-22 View latest technical analysis

10 day averaged volume of Jindal Steel is 1898145

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	878.95	873.70	884.00	858.50	0.472 times
21 Thu Nov 2024	871.20	868.00	879.95	857.35	0.701 times
19 Tue Nov 2024	865.40	886.95	890.85	862.35	0.835 times
18 Mon Nov 2024	886.75	880.00	903.95	875.25	0.711 times
14 Thu Nov 2024	877.40	859.75	888.00	859.00	0.982 times
13 Wed Nov 2024	858.65	881.00	884.90	855.00	1.176 times
12 Tue Nov 2024	887.00	906.85	915.95	883.20	1.424 times
11 Mon Nov 2024	906.85	923.00	929.80	904.55	0.685 times
08 Fri Nov 2024	928.05	947.60	955.50	920.15	0.625 times
07 Thu Nov 2024	947.60	955.00	968.95	929.60	1.537 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 879.9, but if it comes above 879.9, then a intra day buy could be more profitable.
If you take a sell trade below 879.9, then use 879.9 as stoploss and 848 as target. However if you take a buy trade in stock , then use 879.9 as stoploss and 906.57 as target.

Share price targets for Jindal Steel (JINDALSTEL)

Target Type	Value
Downside Target	855.00
Upside Target	882.00
Upside Target	929.80
Upside Target	935.40
Upside Target	968.95
Upside Target	973.65
Upside Target	1006.65
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	856.22
Downside Intraday Target	833.48
Upside Intraday Target	902.82
Upside Intraday Target	926.68
Upside Intraday Target	880.08

Weekly technical analysis of Jindal Steel (JINDALSTEL)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	878.95	880.00	903.95	857.35	0.637 times
14 Thu Nov 2024	877.40	923.00	929.80	855.00	0.817 times
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

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
22 Fri Nov 2024	878.95	927.90	968.95	855.00	0.39 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 893.18 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.