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Technicals for Jindal Steel & Power Limited
By MusingTheNews
2025-10-17 20:42
Overall Technical outlook
Price Summary
Jindal Steel & Power Limited's stock started trading at 1022.8 on 2025-10-17, climbed to 1027.1, fell to 1004.8, and closed -1.49% lower at 1007.6, with 1529957 shares traded. The highest price the stock achieved in the past 52 weeks is 1076.5, while the lowest price it saw is 776.35. 26 analysts suggest that JINDALSTEL's future price will lie between 600.0 and 1426.0, with an average expected price of roughly 1084.0769.
Technicals
Support and Resistance: The price of 1007.6 is supported at 1000.45 and encounters resistance at 1041.55. This suggests key levels where the price might find stability, with 1000.45 providing a base and 1041.55 acting as an upper boundary for JINDALSTEL. Support/Resistance for JINDALSTEL
Aroon: The AROON is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Aroon chart for Jindal Steel & Power Limited
Bol. Bands: The BOLL BANDS is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Bolinger Bands chart for Jindal Steel & Power Limited
Parabolic SAR: The PSAR maintains its bearish outlook, setting a resistance level that could act as a ceiling for upward momentum. This ongoing bearish trend suggests that the market may struggle to overcome this resistance, keeping prices subdued. Parabolic Stop and Reverse chart for Jindal Steel & Power Limited
Stochastic: The STOCHASTIC is showing a neutral stance, not indicating a clear upward or downward trend for Jindal Steel & Power Limited. This suggests a period of market balance, where neither side is showing dominance. Stochastic chart for Jindal Steel & Power Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for JINDALSTEL, with no strong trend emerging. 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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