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Technicals for Jindal Stainless Limited
By MusingTheNews
2025-06-13 20:41
Overall Technical outlook
Price Summary
On 2025-06-13, JSL's stock opened at 702.25, reached a peak of 716.75, dropped to 702.25, and ended 1.4% higher at 712.05, with a volume of 668551 shares. The stock's highest value over the last 52 weeks is 833.65, and the lowest value is 512.6. The price outlook for JSL is between 675.0 and 800.0, with an average expectation of 731.4167, as estimated by 12 analysts.
Technicals
Support and Resistance: The price for JSL is 712.05, with support at 654.6 and resistance at 750.2. This suggests a range where 654.6 acts as a base, preventing declines, and 750.2 caps gains, defining key trading levels. Support/Resistance for JSL
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. Aroon chart for Jindal Stainless Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Jindal Stainless Limited
Parabolic SAR: The PSAR maintains its bullish stance, setting a significant support level that could help maintain the market's upward movement. This strong support suggests that the market is poised to continue its positive trend, providing confidence in the ongoing bullish momentum. Parabolic Stop and Reverse chart for Jindal Stainless Limited
Stochastic: The K-line for JSL has dipped below the D-line on the stochastic indicator, while remaining above 80, suggesting that a bearish price move might be beginning. This pattern could indicate that the market's upward momentum is fading, possibly leading to a decline. Investors should keep an eye on this potential reversal. Stochastic chart for Jindal Stainless Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Tripple SMA chart for Jindal Stainless Limited
When evaluating a company's technical indicators like price trends and trading volume, it's important to also assess its fundamentals. Key factors include the company's profitability, growth rate, and financial stability. Furthermore, considering the industry within which the company operates provides additional context, as factors like competition and market demand can affect performance. By combining this analysis, you can make more informed judgments about the company's future prospects.
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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