Overall Technical outlook

Price Summary

Jindal Steel & Power Limited's stock started trading at 925.0 on 2025-06-13, climbed to 933.85, fell to 914.8, and closed -0.46% down at 920.75, with 715466 shares traded.
In the 52-week period, the stock's peak price is 1077.25, and the lowest price recorded is 776.35.
Analysts expect the price of JINDALSTEL to vary between 485.0 and 1220.0, with an average expected price near 989.4643.

Technicals

Support and Resistance: With the current price at 920.75, support is found at 912.3 and resistance at 940.8. These levels indicate where buyers might step in at 912.3, while sellers could limit gains at 940.8, defining a trading boundary for Jindal Steel & Power Limited.
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Support/Resistance for JINDALSTEL


Aroon: The AROON indicator reflects a strong bearish trend for JINDALSTEL, with Aroon Down moving higher and the Aroon Oscillator staying low. This suggests that the downward trend is likely to continue, indicating sustained bearish momentum. The steady low reading of the Aroon Oscillator suggests that the price may face further declines.
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Aroon chart for Jindal Steel & Power Limited


Bol. Bands: After the previous move, the price has dipped below the lower Bollinger Band and has remained there. This ongoing position beneath the band suggests that the market is under significant downward pressure, possibly oversold. The continued stay in this zone indicates that the bearish trend may persist, with traders potentially viewing this as a sign of sustained negative momentum for JINDALSTEL.
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Bolinger Bands chart for Jindal Steel & Power Limited


Parabolic SAR: The PSAR has shifted direction from bullish to bearish, indicating a possible trend change. If this reversal is confirmed by other indicators, it could signal a strong bearish trend. Investors should consider this as a warning sign and watch for further confirmation before making any moves.
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Parabolic Stop and Reverse chart for Jindal Steel & Power Limited


Stochastic: The STOCHASTIC is in a neutral stance for JINDALSTEL, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand.
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Stochastic chart for Jindal Steel & Power 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.
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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.