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2021 Jindal Steel (JINDALSTEL) technical analysis [forecast] stock price targets

Jindal Steel technical analysis & forecast stock price targets, Daily, Weekly, Monthly technical analysis

Jindal Steel deals in Iron & Steel Jindal Steel option chain analysis

Date Close Open High Low Volume
15 Tue Jun 422.50 427.90 429.60 420.10 83.74 lakhs
14 Mon Jun 425.10 424.00 428.70 405.95 157.85 lakhs
11 Fri Jun 421.10 409.00 422.40 404.65 172.17 lakhs
10 Thu Jun 405.45 400.50 407.20 399.35 86.6 lakhs
09 Wed Jun 397.65 403.70 407.30 394.45 77.08 lakhs
JINDALSTEL chart

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 426.5, for a target of 414.5 or 404.46

  • Daily Price action analysis of JINDALSTEL based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

  • Daily Price action analysis of JINDALSTEL based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

  • Daily Price action analysis of JINDALSTEL based on a mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Intraday technical analysis of Jindal Steel

Stock is trading at 422.50 as on 15 Tue Jun 15:34

Day open is at 427.90, day high is at 429.60, day low is at 420.10, and day volume is at 3934.77 lakhs so far.

First 15 minute high low range is 421.00 - 427.90

First hour high low range is 420.30 - 427.90

Date Intraday Price Open High Low Volume
15 Tue Jun 15:34 422.50 427.90 429.60 420.10 8368582
15 Tue Jun 15:30 420.40 427.90 429.60 420.10 8368582
15 Tue Jun 15:25 421.80 427.90 429.60 420.30 8177186
15 Tue Jun 15:20 422.45 427.90 429.60 420.30 7981609
15 Tue Jun 15:15 423.20 427.90 429.60 420.30 7827292
Intraday JINDALSTEL chart

Trend of Jindal Steel is not defined as of yet. Wait for entry and exit levels given below.

Take a trade after 9:30am only.

Jindal Steel (JINDALSTEL) intraday stock price targets

  • EntEntry: 424.45 or 423.075
  • Upside target: 427.9
  • Downside target : 414.1
  • Second Upside target: 426.05
  • Second Downside target : 416.55

Jindal Steel (JINDALSTEL) weekly technical analysis

Date Weekly Close Open Range Volume
15 Tue Jun 422.50 424.00 405.95
429.60
241.594 lakhs
11 Fri Jun 421.10 401.25 394.45
422.40
542.717 lakhs
04 Fri Jun 398.60 395.80 390.25
410.90
465.07 lakhs
28 Fri May 396.10 401.95 381.20
417.50
715.357 lakhs
21 Fri May 403.15 421.00 390.00
456.30
965.564 lakhs
weekly JINDALSTEL chart

Weekly forecast of Jindal Steel is positive. Buyers dominated the stock this week, and this trend might continue for a few days

Weekly Price action analysis of Jindal Steel based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Weekly Price action analysis of Jindal Steel based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Jindal Steel (JINDALSTEL) Monthly technical analysis

Date Monthly Close Open Range Volume
15 Tue Jun 422.50 410.00 390.25
429.60
1149.114 lakhs
31 Mon May 407.20 438.00 381.20
501.70
3355.869 lakhs
30 Fri Apr 441.50 346.40 346.00
459.25
2848.276 lakhs
31 Wed Mar 343.60 338.00 296.70
354.80
1682.148 lakhs
26 Fri Feb 335.90 262.00 257.15
346.95
2329.514 lakhs
monthly JINDALSTEL chart

Monthly forecast of Jindal Steel is positive. Buyers dominated the stock this month, and this trend might continue for a few days

Monthly Price action analysis of Jindal Steel based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Monthly Price action analysis of Jindal Steel based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Jindal Steel Daily stock price targets

  • Upside daily target: 438.28
  • Downside daily target: 416.55
  • Downside daily target: 396.13

Jindal Steel Weekly stock price targets

  • Upside weekly target: 508.35
  • Upside weekly target: 470.78
  • Upside weekly target: 448.1
  • Upside weekly target: 426.05
  • Downside weekly target: 402.66
  • Downside weekly target: 370.5
  • Downside weekly target: 346.35

Jindal Steel Monthly stock price targets

  • Upside monthly target: 507
  • Upside monthly target: 454.45
  • Upside monthly target: 426.5
  • Downside monthly target: 393.75
  • Downside monthly target: 337.48
  • Downside monthly target: 320.15
  • Downside monthly target: 298.78
  • Downside monthly target: 280.63
  • Downside monthly target: 255.03
  • Downside monthly target: 233.94
  • Downside monthly target: 220.45
  • Downside monthly target: 206.43
  • Downside monthly target: 185.25
  • Downside monthly target: 140.03

Jindal Steel (JINDALSTEL) indicators technical analysis

Price action analysis of Jindal Steel (JINDALSTEL) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Jindal Steel stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Jindal Steel in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Jindal Steel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Jindal Steel in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Jindal Steel is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 409.86 and Jindal Steel JINDALSTEL stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Jindal Steel JINDALSTEL stock. Volume based technical analysis of Jindal Steel JINDALSTEL stock is negative.

Jindal Steel Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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chart JINDALSTEL