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Technicals for Jindal Stainless Limited
By MusingTheNews
2025-12-11 20:42
Overall Technical outlook
Price Summary
On 2025-12-11, JSL's stock started at 784.8, reached a high of 796.85, fell to 764.5, and ended -0.87% down at 778.0, with 651285 shares traded. In the last 52 weeks, the stock's top price was 811.3 and the bottom price was 512.6. The expected price range is between 675.0 and 925.0, with a mean anticipated price of 815.46155, according to 13 analysts.
Technicals
Support and Resistance: At 778.0, the price is held up by support at 734.0 and faces resistance at 778.3 for JSL. This suggests a trading range where 734.0 provides a base and 778.3 limits upward movement. Support/Resistance for JSL
Aroon: The Aroon indicator continues to show a bullish trend for Jindal Stainless Limited, with Aroon Up holding at the 100 level. This suggests strong upward momentum, but the trend should be examined further using other indicators to confirm its strength and potential for continuation. Aroon chart for Jindal Stainless Limited
Bol. Bands: The price dropping below the upper Bollinger Band suggests a possible bearish shift. This signal might indicate that the asset's recent bullish trend is weakening, and a decline could follow. Traders often see this as a sign of an overbought condition, where a correction is likely, making it an essential point for decision-making in trading positions. Bolinger Bands chart for Jindal Stainless Limited
Parabolic SAR: The PSAR remains bullish in its outlook, establishing a key support level that could serve as a foundation for further upward movement. This persistent bullish stance suggests that the market may continue to trend higher, with the established support providing a potential safety net for investors. Parabolic Stop and Reverse chart for Jindal Stainless Limited
Stochastic: The stochastic indicator is in a bullish mode, with the K-line crossing above the D-line and the 80 level for JSL. This alignment suggests strong upward momentum, indicating that the market may continue to trend higher. Investors could interpret this as a positive sign of sustained market growth. Stochastic chart for Jindal Stainless Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, not indicating a clear upward or downward trend for Jindal Stainless Limited. This suggests a period of market balance, where neither side is showing dominance. Tripple SMA chart for Jindal Stainless 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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