An engaging overview of the latest fintech and digital banking trends —...
Technicals for Jindal Stainless Limited
By MusingTheNews
2026-02-03 20:43
Overall Technical outlook
Price Summary
Jindal Stainless Limited's stock started the year at 790.0, climbed to a high of 812.0, fell to 767.95, and closed 1.84% up at 804.55, with 648216 shares traded on 2026-02-02. The stock reached its highest price of 865.65 and its lowest price of 512.6 during the 52-week period. JSL's future price is expected to lie between 770.0 and 1020.0, with an average expectation of 869.3333, as per the recommendations of 12 analysts.
Technicals
Support and Resistance: The price sits at 804.55, supported by 799.45 and resisted by 855.0. This indicates a trading range where 799.45 provides a floor, preventing declines, and 855.0 acts as a ceiling, limiting further price increases for JSL. Support/Resistance for JSL
Aroon: The AROON 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. Aroon chart for Jindal Stainless Limited
Bol. Bands: The BOLL BANDS is currently in a neutral position for Jindal Stainless Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Bolinger Bands chart for Jindal Stainless Limited
Parabolic SAR: The PSAR for JSL maintains its bullish outlook, setting a strong support level that could underpin further gains. This suggests that the market is likely to continue its upward trajectory, with the established support providing a safety net for ongoing bullish momentum. Parabolic Stop and Reverse chart for Jindal Stainless Limited
Stochastic: The current state of the STOCHASTIC is neutral for JSL, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Stochastic chart for Jindal Stainless Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Tripple SMA chart for Jindal Stainless 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.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
An investor-focused analysis of how 2025 tariffs are reaching consumers in 2026,...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.