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Technicals for Jindal Stainless Limited
By MusingTheNews
2025-08-13 20:43
Overall Technical outlook
Price Summary
On 2025-08-13, JSL's stock began at 717.0, peaked at 732.9, dipped to 711.7, and closed up 0.66% at 721.75, with a volume of 945121 shares. Over the past 52 weeks, the stock reached a maximum price of 793.4 and a minimum price of 512.6. JSL's future price is expected to lie between 675.0 and 810.0, with an average expectation of 734.75, as per the recommendations of 12 analysts.
Technicals
Support and Resistance: The current price of 721.75 is supported at 703.6, with resistance at 734.0. This suggests that the price for JSL might remain between these levels, where 703.6 acts as a floor and 734.0 as a ceiling in the market. Support/Resistance for JSL
Aroon: The AROON is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Aroon chart for Jindal Stainless 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 Stainless Limited
Parabolic SAR: The PSAR continues to signal a bearish outlook, establishing a resistance level that could act as a ceiling for upward trends. This resistance suggests that the market may struggle to overcome bearish forces, keeping prices under pressure. Parabolic Stop and Reverse chart for Jindal Stainless Limited
Stochastic: The STOCHASTIC is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Stochastic chart for Jindal Stainless Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bearish trend for Jindal Stainless Limited, but the wavering slopes of the 20 and 50 SMAs indicate that this momentum may be weakening. This loss of strength could be a sign that the market is approaching a turning point, with the possibility of a bullish reversal on the horizon. Investors should watch for signs of a trend change as the current downtrend starts to fade. Tripple SMA chart for Jindal Stainless Limited
A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences 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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