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2020 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
23 Wed Sep 175.80 172.45 181.45 160.00 235.78 lakhs
22 Tue Sep 169.90 173.00 175.40 159.60 271.54 lakhs
21 Mon Sep 174.40 197.90 198.55 168.60 258.68 lakhs
18 Fri Sep 198.30 201.55 203.50 197.10 60.1 lakhs
17 Thu Sep 202.25 200.10 204.00 198.60 42.72 lakhs
JINDALSTEL chart

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 170, for a target of 187.5 or 202.03

  • Daily Price action analysis of JINDALSTEL based on a short 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 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

Intraday technical analysis of Jindal Steel

Stock is trading at 175.80 as on 23 Wed Sep 15:33

Day open is at 172.45, day high is at 181.45, day low is at 160.00, and day volume is at 7482.34 lakhs so far.

First 15 minute high low range is 169.60 - 175.80

First hour high low range is 168.90 - 175.80

Date Intraday Price Open High Low Volume
23 Wed Sep 15:33 175.80 172.45 181.45 160.00 23571371
23 Wed Sep 15:30 175.65 172.45 181.45 160.00 23571371
23 Wed Sep 15:25 175.80 172.45 181.45 160.00 23429783
23 Wed Sep 15:20 175.40 172.45 181.45 160.00 23228263
23 Wed Sep 15:15 176.70 172.45 181.45 160.00 22857481
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: 172.7 or 174.675
  • Upside target: 175.8
  • Downside target : 163.4
  • Second Upside target: 189.35
  • Second Downside target : 167.9

Jindal Steel (JINDALSTEL) weekly technical analysis

Date Weekly Close Open Range Volume
23 Wed Sep 175.80 197.90 159.60
198.55
765.991 lakhs
18 Fri Sep 198.30 211.00 197.10
211.50
289.823 lakhs
11 Fri Sep 201.85 211.40 185.50
212.40
494.259 lakhs
04 Fri Sep 210.65 217.00 201.00
226.00
713.185 lakhs
28 Fri Aug 216.30 226.45 213.55
230.65
569.309 lakhs
weekly JINDALSTEL chart

Weekly forecast of Jindal Steel is negative. Sellers dominated the stock this week, and might continue to dominate in coming days too.

Weekly Price action analysis of Jindal Steel based on a short 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.

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
23 Wed Sep 175.80 205.00 159.60
226.00
2110.033 lakhs
31 Mon Aug 205.10 185.50 183.60
238.75
2856.877 lakhs
31 Fri Jul 184.85 163.00 152.15
186.80
3518.691 lakhs
30 Tue Jun 161.50 123.20 123.15
164.90
3964.613 lakhs
29 Fri May 121.55 88.90 83.35
122.40
4557.702 lakhs
monthly JINDALSTEL chart

Monthly forecast of Jindal Steel is negative. Sellers dominated the stock this month, and might continue to dominate in coming days too.

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: 210.5
  • Upside daily target: 200.43
  • Upside daily target: 189.95
  • Upside daily target: 177.54
  • Downside daily target: 167.9
  • Downside daily target: 156.85

Jindal Steel Weekly stock price targets

  • Upside weekly target: 243.98
  • Upside weekly target: 230.03
  • Upside weekly target: 218.51
  • Upside weekly target: 207.13
  • Upside weekly target: 196.31
  • Upside weekly target: 181.69
  • Downside weekly target: 170.05
  • Downside weekly target: 158.85
  • Downside weekly target: 148.23

Jindal Steel Monthly stock price targets

  • Upside monthly target: 249.5
  • Upside monthly target: 216.55
  • Upside monthly target: 203.15
  • Upside monthly target: 186.55
  • Upside monthly target: 177.65
  • Downside monthly target: 168.5
  • Downside monthly target: 159.28
  • Downside monthly target: 149.85
  • Downside monthly target: 142.33
  • Downside monthly target: 134.5
  • Downside monthly target: 123.08
  • Downside monthly target: 114
  • Downside monthly target: 102.45
  • Downside monthly target: 88
  • Downside monthly target: 78.5
  • Downside monthly target: 38.48

Jindal Steel (JINDALSTEL) indicators technical analysis

Price action analysis of Jindal Steel (JINDALSTEL) based on a short 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.

ADX buy sell signal for Jindal Steel stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Jindal Steel in short term and the sell signal is strong.

Jindal Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 moving up

CCI has generated a buy signal for Jindal Steel in short term but BUY signal is weak.

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 184.13 and Jindal Steel JINDALSTEL stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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