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Technicals for Jindal Stainless Limited
By MusingTheNews
2025-09-04 20:33
Overall Technical outlook
Price Summary
In today's trading, Jindal Stainless Limited's stock sank by -2.77%, showcasing an poor market day. On 2025-09-04, Jindal Stainless Limited's stock opened at 768.2, spiked to 769.05, declined to 738.1, and closed -2.77% lower at 746.9, with 1529297 shares traded. The stock's highest price in the past 52 weeks is 806.45, while its lowest price during the same period is 512.6. Analysts expect the price of JSL to vary between 675.0 and 810.0, with an average expected price near 734.75.
Technicals
Aroon: The current reading of the AROON is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Aroon chart for Jindal Stainless Limited
Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Bolinger Bands chart for Jindal Stainless Limited
Parabolic SAR: The PSAR maintains a bearish outlook, setting a key resistance level that could limit further gains. This resistance reinforces the bearish sentiment, indicating that the market may face challenges in pushing higher. Parabolic Stop and Reverse chart for Jindal Stainless Limited
Stochastic: The current state of the STOCHASTIC is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Stochastic chart for Jindal Stainless Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages for Jindal Stainless Limited are currently aligned in a bearish formation, signaling a downtrend. However, the wavering slopes of the 20 and 50 SMAs suggest that this bearish momentum may be weakening. This could indicate an upcoming shift towards bullish price action, as the loss of downward momentum might lead to a potential reversal in the market's current trend. Tripple SMA chart for Jindal Stainless Limited
Understanding a company's fundamentals—such as revenue, earnings, and debt levels—provides a solid foundation for analyzing its technical performance. Similarly, knowledge of the industry, including key competitors and market trends, is critical. Combining this fundamental analysis with technical indicators like stock charts, moving averages, and trading volume enables a more comprehensive approach to evaluating the company's overall health and potential future 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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