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Technicals for Jindal Stainless Limited
By MusingTheNews
2025-10-17 20:42
Overall Technical outlook
Price Summary
The stock of JSL slid -2.03% today, reflecting a lousy market performance. On 2025-10-17, JSL's stock started at 808.0, reached a high of 815.7, fell to 788.85, and ended -2.03% lower at 791.6, with 545272 shares traded. The stock's peak price over the last 52 weeks is 808.9, with the lowest being 512.6. Based on recommendations from 12 analysts, the future price of JSL is expected to range from 675.0 to 900.0, with an average price expectation around 772.9167.
Technicals
Aroon: The bullish trend indicated by Aroon persists, with Aroon Up holding steady at the 100 level. This shows strong market momentum, but further exploration using additional indicators is necessary to confirm the trend's strength and future potential. Aroon chart for Jindal Stainless Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Jindal Stainless Limited
Parabolic SAR: The PSAR for JSL maintains its bullish outlook, setting a strong support level that could underpin further gains. This suggests that the market is likely to continue its upward trajectory, with the established support providing a safety net for ongoing bullish momentum. Parabolic Stop and Reverse chart for Jindal Stainless Limited
Stochastic: The stochastic indicator shows bullish conditions, with the K-line positioned above the D-line and exceeding the 80 level. This setup suggests strong upward momentum, indicating that the market may continue to rise. Investors might view this as a favorable sign for continued growth. Stochastic chart for Jindal Stainless Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish formation, suggesting a downtrend. However, the slopes of the 20 and 50 SMAs are beginning to waver, indicating that the bearish momentum may be losing strength. This weakening could signal a potential shift towards bullish price action, as the market's current downward trajectory shows signs of faltering and a possible reversal may be near for JSL. Tripple SMA chart for Jindal Stainless Limited
Before focusing on a company's technical data, such as stock price movements, it's essential to analyze its fundamentals. These include factors like profitability, cash flow, and debt management. Additionally, considering the broader industry landscape—including market trends, competition, and regulatory changes—offers deeper insights. This comprehensive approach allows for a more meaningful interpretation of the company's technical indicators, providing a clearer picture of its financial health and 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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