Overall Technical outlook

Price Summary

On 2025-05-30, Jindal Steel & Power Limited's stock started at 966.2, soared to 977.0, dropped to 945.05, and finished the day -1.79% lower at 948.9, with a trading volume of 2013452 shares.
In the last 52 weeks, the stock's top price was 1077.25 and the bottom price was 776.35.
28 analysts suggest that JINDALSTEL's future price will lie between 485.0 and 1220.0, with an average expected price of roughly 989.4643.

Technicals

Support and Resistance: The current price of 948.9 for JINDALSTEL is supported at 940.8 and faces resistance at 1002.35. These levels indicate that 940.8 could act as a floor, while 1002.35 might limit any further price increases.
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Support/Resistance for JINDALSTEL


Aroon: The current reading of the AROON is neutral for JINDALSTEL, 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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Aroon chart for Jindal Steel & Power Limited


Bol. Bands: The BOLL BANDS is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play.
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Bolinger Bands chart for Jindal Steel & Power Limited


Parabolic SAR: The PSAR maintains a bullish outlook, reinforcing a support level that could help uphold the market's upward trend. This suggests that the market is likely to continue climbing, with the support providing a solid base for further gains.
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Parabolic Stop and Reverse chart for Jindal Steel & Power Limited


Stochastic: The STOCHASTIC is showing a neutral stance, with no definitive indication of an upward or downward trend for JINDALSTEL. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move.
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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 pattern, signaling a downtrend. However, the slopes of the 20 and 50 SMAs are starting to waver, suggesting that the bearish momentum may be weakening. This could be an early sign of a potential bullish reversal for JINDALSTEL, as the market's downward trajectory begins to lose strength and a possible shift towards more positive price action may occur soon.
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Tripple SMA chart for Jindal Steel & Power Limited


When analyzing a company, its fundamentals—such as earnings, management efficiency, and strategic initiatives—must be considered alongside technical data. The context of the industry in which the company operates also plays a key role, as market trends and competitive dynamics can significantly impact performance. By taking a comprehensive approach, combining both fundamental and technical analysis, one can gain a deeper understanding of the company's potential for growth or risk.