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Technicals for Jindal Steel & Power Limited
By MusingTheNews
2025-12-15 20:43
Overall Technical outlook
Price Summary
On 2025-12-11, Jindal Steel & Power Limited's stock started at 1009.0, soared to 1015.3, dropped to 1002.6, and finished the day 0.39% up at 1012.9, with a trading volume of 576873 shares. The peak price for the stock in the past 52 weeks is 1087.8, with the lowest price being 776.35. The price outlook for JINDALSTEL is between 600.0 and 1400.0, with an average expectation of 1134.7693, as estimated by 26 analysts.
Technicals
Support and Resistance: The price currently sits at 1012.9, finding support at 1000.45 and resistance at 1041.55. These levels define a range for Jindal Steel & Power Limited where the price may move, with 1000.45 offering a base and 1041.55 limiting upward momentum. Support/Resistance for JINDALSTEL
Aroon: The current state of the AROON 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. Aroon chart for Jindal Steel & Power Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Bolinger Bands chart for Jindal Steel & Power Limited
Parabolic SAR: The PSAR remains bearish, reinforcing a resistance level that could restrict any upward movement. This resistance indicates that the market may remain under bearish control, with limited potential for gains. Parabolic Stop and Reverse chart for Jindal Steel & Power Limited
Stochastic: The STOCHASTIC is currently in a neutral position for Jindal Steel & Power 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. Stochastic chart for Jindal Steel & Power Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Tripple SMA chart for Jindal Steel & Power Limited
A thorough analysis of a company involves looking beyond its stock price movements and trading patterns. You must also examine its fundamentals, which include profitability, growth prospects, and competitive advantages. Additionally, the industry in which the company operates provides important context, as factors like technological innovations, regulation, and market demand influence performance. By integrating this information with technical analysis, more accurate predictions about the company's future can be made.
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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