logo munafa.org

NEWS Gainers Losers
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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.

10 day averaged volume of Jindal Steel is 13505251

Date Daily Closing Price Open High Low Volume
15 Thu Apr 2021 414.30 413.85 422.95 403.00 0.895 times
13 Tue Apr 2021 409.45 389.00 411.65 384.30 0.891 times
12 Mon Apr 2021 389.00 404.90 409.65 386.15 0.88 times
09 Fri Apr 2021 412.35 416.00 426.25 401.50 1.076 times
08 Thu Apr 2021 415.65 393.50 427.50 391.40 2.026 times
07 Wed Apr 2021 388.80 390.20 394.90 385.35 0.762 times
06 Tue Apr 2021 388.85 392.20 397.00 384.40 1.258 times
05 Mon Apr 2021 382.85 370.90 386.00 359.25 0.853 times
01 Thu Apr 2021 370.90 346.40 373.50 346.00 1.048 times
31 Wed Mar 2021 343.60 337.00 347.50 334.00 0.512 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 395.1, but if it comes below 395.1, then a intra day sell could be more profitable.
If you take a sell trade below 395.1, then use 395.1 as stoploss and 354.19 as target. However if you take a buy trade in stock , then use 395.1 as stoploss and 444.1 as target.

Share price targets for Jindal Steel (JINDALSTEL)

Target Type Value
Downside Target 243.60
Downside Target 257.15
Downside Target 287.35
Downside Target 296.70
Downside Target 310.50
Downside Target 327.80
Downside Target 346.00
Downside Target 354.80
Downside Target 359.25
Downside Target 373.50
Downside Target 384.30
Upside Target 422.95
Upside Target 427.50

Intraday share price targets for Jindal Steel (JINDALSTEL)

Target Type Value
Downside Intraday Target 391.42
Downside Intraday Target 368.53
Upside Intraday Target 430.07
Upside Intraday Target 445.83
Downside Intraday Target 407.18

Weekly technical analysis of Jindal Steel (JINDALSTEL)

Date Weekly Closing Price Open High Low Volume
15 Thu Apr 2021 414.30 404.90 422.95 384.30 0.446 times
09 Fri Apr 2021 412.35 370.90 427.50 359.25 2.651 times
01 Thu Apr 2021 370.90 329.60 373.50 328.20 0.661 times
26 Fri Mar 2021 324.20 313.00 327.80 297.25 1.209 times
19 Fri Mar 2021 313.05 320.45 328.90 296.70 1.281 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
15 Thu Apr 2021 414.30 346.40 427.50 346.00 0.749 times
31 Wed Mar 2021 343.60 338.00 354.80 296.70 0.779 times
25 Thu Feb 2021 344.90 262.00 346.95 257.15 0.949 times
29 Fri Jan 2021 261.75 268.30 310.50 258.20 1.02 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)

Indicator Name Indicator Value Indicator Signal
ADX 36, 12, 50 Buy
MACD 44, 36Buy
Stochastics 78Buy
CCI 91Buy
RSI 58Buy
OBV 103214942Sell
VWAP 396Buy
ADL 0Sell
ROC 23Buy
Force Index 0Sell

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 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 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 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 in or above the red 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 396.08 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.

Click here for Jindal Steel charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
 Learn then Earn
Back to top | Use Dark Theme