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Technicals for Jindal Saw Limited
By MusingTheNews
2025-04-25 20:41
Overall Technical outlook
Price Summary
Jindal Saw Limited's stock tumbled -4.73% today, reflecting an lousynding market day. On 2025-04-25, Jindal Saw Limited's stock began at 269.5, climbed to 270.0, dropped to 255.0, and had -4.73% to end at 256.75, with a volume of 1398832 shares. Over the past 52 weeks, the stock reached a maximum price of 373.88 and a minimum price of 226.05. The future price of JINDALSAW is anticipated to range from 351.0 to 452.0, with an expected mean price of 413.0, according to the recommendations of 3 analysts.
Technicals
Support and Resistance: The current price for JINDALSAW is 256.75, supported at 240.4 with resistance at 257.7. This indicates a trading range where 240.4 might prevent further declines, while 257.7 could hinder additional gains. Support/Resistance for JINDALSAW
Aroon: The AROON is showing a neutral stance, not indicating a clear upward or downward trend for Jindal Saw Limited. This suggests a period of market balance, where neither side is showing dominance. Aroon chart for Jindal Saw Limited
Bol. Bands: The current state of the BOLL BANDS 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. Bolinger Bands chart for Jindal Saw Limited
Parabolic SAR: The PSAR for JINDALSAW continues to signal a bullish outlook, establishing a crucial support level that may help sustain the current upward momentum. This level of support suggests that the market is likely to continue trending higher, providing a foundation for ongoing bullish movement. Parabolic Stop and Reverse chart for Jindal Saw Limited
Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Stochastic chart for Jindal Saw Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. Tripple SMA chart for Jindal Saw 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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