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Technicals for Jindal Stainless Limited
By MusingTheNews
2025-07-16 20:41
Overall Technical outlook
Price Summary
On 2025-07-16, Jindal Stainless Limited's stock opened at 688.05, peaked at 689.5, hit a low of 675.0, and closed -1.77% lower at 675.9, with 404503 shares changing hands. During the past 52 weeks, the highest stock price was 795.1, and the lowest was 512.6. Future price predictions suggest a range between 675.0 and 810.0, with an average expected price of 734.75, as per 12 analysts.
Technicals
Support and Resistance: The current price for JSL is 675.9, supported at 654.6 with resistance at 703.6. This indicates a trading range where 654.6 might prevent further declines, while 703.6 could hinder additional gains. Support/Resistance for JSL
Aroon: The AROON is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Aroon chart for Jindal Stainless Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Jindal Stainless Limited
Parabolic SAR: The PSAR has recently shifted from bullish to bearish, signaling a potential downward trend. If this move is confirmed by other indicators, it could be a strong bearish signal. Investors should watch for further confirmation before considering this as an indicator of a broader market decline. Parabolic Stop and Reverse chart for Jindal Stainless Limited
Stochastic: The STOCHASTIC is in a neutral stance for JSL, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Stochastic chart for Jindal Stainless Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, with no definitive indication of an upward or downward trend for JSL. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Tripple SMA chart for Jindal Stainless Limited
Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.
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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