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Technicals for Jindal Steel & Power Limited
By MusingTheNews
2025-09-05 20:34
Overall Technical outlook
Price Summary
On 2025-09-05, Jindal Steel & Power Limited's stock opened at 1031.85, reached 1039.0, hit a low of 1027.2, and rose 0.29% to close at 1034.85, with 793896 shares traded. During the 52-week span, the stock hit a high of 1052.75 and a low of 776.35. 28 analysts forecast that the price of JINDALSTEL will range from 480.0 to 1220.0, with an average expected price near 988.1786.
Technicals
Aroon: Aroon's bullish trend persists, with Aroon Up holding steady at the 100 level. This shows strong momentum, but further exploration using additional indicators is necessary to confirm the trend's durability and potential future direction. Aroon chart for Jindal Steel & Power Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Jindal Steel & Power Limited
Parabolic SAR: The PSAR continues its bullish outlook, reinforcing a crucial support level that may help sustain the current upward trend. This support suggests that the market is likely to continue climbing, with the bullish momentum remaining strong. Parabolic Stop and Reverse chart for Jindal Steel & Power Limited
Stochastic: The stochastic indicator for JINDALSTEL shows a bullish signal, with the K-line positioned above the D-line and also above the 80 mark. This suggests strong upward momentum, indicating that the market may continue to trend higher. Traders might view this as a sign of continued strength and potential buying opportunities. Stochastic chart for Jindal Steel & Power Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages suggests a bearish trend, but the wavering slopes of the 20 and 50 SMAs hint at a potential shift. This weakening of momentum could indicate that the bearish trend is running out of steam, possibly leading to a bullish reversal in the near future. Investors should be aware of the possibility of a market turnaround as the current downtrend weakens for Jindal Steel & Power Limited. Tripple SMA chart for Jindal Steel & Power Limited
When evaluating a company's technical data, such as stock price charts or volume, it is essential to first consider its fundamentals. These fundamentals include financial stability, growth potential, and competitive advantages. Additionally, understanding the broader industry in which the company operates offers context that helps to make sense of technical patterns. By examining both the company's internal strengths and external environment, one can make more accurate and meaningful conclusions about its stock 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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