Overall Technical outlook

Price Summary

On 2026-03-02, JINDALSTEL's stock started at 1215.0, reached a high of 1256.6, fell to 1215.0, and ended 1.88% higher at 1237.8, with 1589715 shares traded.
The stock reached its highest price of 1266.5 and its lowest price of 786.9 during the 52-week period.
28 analysts suggest that JINDALSTEL's future price will lie between 600.0 and 1393.0, with an average expected price of roughly 1179.3572.

Technicals

Support and Resistance: At 1237.8, the price for JINDALSTEL is supported at 1191.1 and resisted at 1261.0. This indicates a trading range where 1191.1 serves as a support level, potentially preventing further decline, while 1261.0 could limit upward movement.
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Support/Resistance for JINDALSTEL


Aroon: The current state of the AROON is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty.
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Aroon chart for Jindal Steel & Power Limited


Bol. Bands: The current reading of the BOLL BANDS is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place.
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Bolinger Bands chart for Jindal Steel & Power Limited


Parabolic SAR: The PSAR has just reversed from bullish to bearish, signaling a potential trend change. If this move is confirmed by other indicators, it could indicate a strong bearish trend. Investors should be cautious and watch for further signs of a market downturn before acting.
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Parabolic Stop and Reverse chart for Jindal Steel & Power Limited


Stochastic: The STOCHASTIC is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging.
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Stochastic chart for Jindal Steel & Power Limited


Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish formation, suggesting a downtrend. However, the slopes of the 20 and 50 SMAs are beginning to waver, indicating that the bearish momentum may be losing strength. This weakening could signal a potential shift towards bullish price action, as the market's current downward trajectory shows signs of faltering and a possible reversal may be near for JINDALSTEL.
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Tripple SMA chart for Jindal Steel & Power Limited


To derive valuable insights from a company's technical performance, it is essential to first understand its fundamentals. This includes its financial health, business model, and market share. Equally important is the industry context, such as competition, consumer demand, and market trends. By examining these aspects together, investors can gain a more comprehensive view of how the company's stock behaves and whether it's aligned with its underlying value.