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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 2024-12-20 View latest technical analysis

10 day averaged volume of Jindal Steel is 1539246

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	908.05	925.00	934.40	904.00	0.714 times
19 Thu Dec 2024	922.40	907.00	925.00	907.00	0.472 times
18 Wed Dec 2024	931.45	960.00	961.65	926.85	0.615 times
17 Tue Dec 2024	951.50	972.00	981.65	947.75	0.576 times
16 Mon Dec 2024	976.10	993.00	1000.40	968.90	0.923 times
13 Fri Dec 2024	998.75	997.00	1000.80	974.15	1.023 times
12 Thu Dec 2024	1000.25	1000.00	1006.00	987.05	0.865 times
11 Wed Dec 2024	994.65	998.00	1008.40	990.30	0.834 times
10 Tue Dec 2024	1002.35	973.90	1011.45	973.00	2.994 times
09 Mon Dec 2024	967.20	950.05	969.60	945.20	0.931 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 900.2 as stoploss in an intra day buy trade for a target of 938.96. However, stock will show a bearish move below 900.2.

Share price targets for Jindal Steel (JINDALSTEL)

Target Type	Value
Downside Target	855.00
Upside Target	945.20
Upside Target	951.75
Upside Target	968.95
Upside Target	1000.40
Upside Target	1006.65
Upside Target	1011.45
Upside Target	1069.00
Upside Target	1073.70

Intraday share price targets for Jindal Steel (JINDALSTEL)

Target Type	Value
Downside Intraday Target	874.57
Downside Intraday Target	841.08
Upside Intraday Target	970.97
Upside Intraday Target	1033.88
Upside Intraday Target	937.48

Weekly technical analysis of Jindal Steel (JINDALSTEL)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	908.05	993.00	1000.40	904.00	0.496 times
13 Fri Dec 2024	998.75	950.05	1011.45	945.20	1.675 times
06 Fri Dec 2024	949.10	906.00	951.75	897.20	0.593 times
29 Fri Nov 2024	906.45	887.70	912.50	870.05	1.996 times
22 Fri Nov 2024	878.95	880.00	903.95	857.35	0.637 times

Price has moved down 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
20 Fri Dec 2024	908.05	906.00	1011.45	897.20	0.636 times
29 Fri Nov 2024	906.45	927.90	968.95	855.00	0.562 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

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 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 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Jindal Steel in short term but the sell signal is initial and weak.

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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Jindal Steel in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing 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 977.54 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.