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Technicals for Jindal Saw Limited
By MusingTheNews
2025-07-16 20:41
Overall Technical outlook
Price Summary
Jindal Saw Limited's stock opened at 225.5 on 2025-07-16, surged to 229.9, dropped to 223.5, and ended 1.38% higher at 228.61, with 1207297 shares traded. The top price for the stock in the last 52 weeks is 373.88, with the bottom price being 201.68. Future price predictions suggest a range between 331.0 and 452.0, with an average expected price of 395.66666, as per 3 analysts.
Technicals
Support and Resistance: The current price sits at 228.61, supported at 226.05 and capped by resistance at 243.55. These levels define a range for JINDALSAW where the price might stabilize, with 226.05 as a floor and 243.55 as a ceiling. Support/Resistance for JINDALSAW
Aroon: The AROON is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Aroon chart for Jindal Saw Limited
Bol. Bands: The current reading of the BOLL BANDS 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. Bolinger Bands chart for Jindal Saw Limited
Parabolic SAR: The PSAR for JINDALSAW remains bearish, establishing a key resistance level that could hinder upward movement. This ongoing bearish outlook suggests that the market may face challenges in breaking higher, with the resistance level acting as a barrier to potential gains. Parabolic Stop and Reverse chart for Jindal Saw Limited
Stochastic: The K-line has crossed above the D-line on the stochastic indicator, while staying below 20, often indicating the start of a bullish move. This setup suggests that the market might be in the early stages of an upward trend, emerging from a period of lower levels. Investors might see this as a positive signal for buying. Stochastic chart for Jindal Saw Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Tripple SMA chart for Jindal Saw Limited
Before diving into the technical aspects of a company, such as stock price charts or volume trends, it's important to understand its fundamentals. These fundamentals include financial stability, growth potential, and strategic positioning. Additionally, knowing the broader industry landscape, including competitive pressures and regulatory factors, offers deeper insights. When this fundamental analysis is combined with technical indicators, it leads to more informed, accurate evaluations of the company's overall performance.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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