Overall Technical outlook

Price Summary

Jindal Steel & Power Limited's stock skyrocketed 2.28% today, marking a outstanding performance in the market.
On 2026-02-02, Jindal Steel & Power Limited's stock opened at 1100.0, spiked to 1133.0, declined to 1082.7, and closed 2.28% higher at 1125.1, with 1460173 shares traded.
Over the past year, the stock's highest price was 1159.6, and its lowest was 786.9.
The projected price range for Jindal Steel & Power Limited is between 600.0 and 1393.0, with an expected mean price of 1141.6786, according to 28 analysts.

Technicals

Support and Resistance: The price of 1125.1 is supported at 1066.8 and capped by resistance at 1159.6. These levels mark key points for Jindal Steel & Power Limited where the price could find stability, with 1066.8 as a floor and 1159.6 as a ceiling.
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Support/Resistance for JINDALSTEL


Aroon: The AROON is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market.
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Aroon chart for Jindal Steel & Power 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.
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Bolinger Bands chart for Jindal Steel & Power Limited


Parabolic SAR: The PSAR continues to be bullish for JINDALSTEL, setting a strong support level that could sustain the ongoing upward trend. This level of support indicates that the market is likely to continue its positive trajectory, offering a base for continued bullish movement.
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Parabolic Stop and Reverse chart for Jindal Steel & Power Limited


Stochastic: The stochastic indicator reflects the K-line falling below the D-line, though it remains above 80, hinting at the possible start of a bearish price move. This suggests that the market may be losing its recent strength, with a potential decline ahead. Traders should be on the lookout for further evidence of a bearish trend for Jindal Steel & Power Limited.
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Stochastic chart for Jindal Steel & Power Limited


Tripple Moving Agerage: The current state of the Tripple MOVING AVG 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.
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Tripple SMA chart for Jindal Steel & Power Limited


The technical analysis of a company's stock performance is valuable, but only when considered in conjunction with the company's fundamentals. These fundamentals, including financial strength, earnings growth, and leadership, provide a foundation for understanding market movements. Additionally, industry trends and competitive pressures play an important role. By integrating both fundamental and technical analysis, one can better evaluate the company's true potential and make more informed investment decisions.