Overall Technical outlook

Price Summary

On 2025-05-30, Jindal Saw Limited's stock opened at 213.8, peaked at 214.61, hit a low of 210.34, and closed -0.89% down at 211.9, with 1757306 shares changing hands.
Over the past year, the stock's highest price was 373.88, and its lowest was 201.68.
The future price of JINDALSAW is projected to range from 331.0 to 452.0, with an average expected price of 395.66666, according to 3 analysts.

Technicals

Support and Resistance: At 211.9, the price for JINDALSAW is supported at 201.68 and resisted at 226.05. This indicates a trading range where 201.68 serves as a support level, potentially preventing further decline, while 226.05 could limit upward movement.
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Support/Resistance for JINDALSAW


Aroon: The AROON is in a neutral stance for JINDALSAW, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand.
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Aroon chart for Jindal Saw Limited


Bol. Bands: The current state of the BOLL BANDS is neutral for JINDALSAW, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements.
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Bolinger Bands chart for Jindal Saw Limited


Parabolic SAR: The PSAR remains bullish, setting a critical support level that may help sustain the market's upward trend. This persistent bullish outlook suggests that the market is likely to continue climbing, with the support level offering a foundation for further growth.
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Parabolic Stop and Reverse chart for Jindal Saw Limited


Stochastic: The current reading of the STOCHASTIC is neutral for JINDALSAW, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction.
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Stochastic chart for Jindal Saw Limited


Tripple Moving Agerage: The moving averages for the 20-50-100 periods are aligned for a bullish trend, but the slopes of the faster averages indicate that this strength may be short-lived. The weakening momentum in the shorter-term averages suggests that a reversal could be approaching, signaling a potential shift in the trend.
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Tripple SMA chart for Jindal Saw 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.