Stock analysis Jindal Steel & Power Limited JINDALSTEL
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Recent prices of JINDALSTEL Jindal Steel & Power Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 14 Fri Jun 2024 | 1052.45 | 1036.00 to 1059.25 | 1.08% | 1.01 times |
| 13 Thu Jun 2024 | 1041.25 | 1036.40 to 1053.00 | 1.32% | 0.43 times |
| 12 Wed Jun 2024 | 1027.70 | 1005.15 to 1037.85 | 1.86% | 1.05 times |
| 11 Tue Jun 2024 | 1008.90 | 1001.60 to 1019.00 | -0.32% | 0.45 times |
| 10 Mon Jun 2024 | 1012.15 | 1004.60 to 1033.80 | -1.44% | 0.89 times |
| 07 Fri Jun 2024 | 1026.95 | 1021.15 to 1042.35 | -0.25% | 0.87 times |
| 06 Thu Jun 2024 | 1029.55 | 1000.00 to 1035.00 | 2.32% | 0.91 times |
| 05 Wed Jun 2024 | 1006.25 | 928.25 to 1013.65 | 4.8% | 1.25 times |
| 04 Tue Jun 2024 | 960.15 | 901.20 to 1037.00 | -9.2% | 2.2 times |
| 03 Mon Jun 2024 | 1057.45 | 1049.00 to 1080.00 | 2.85% | 0.74 times |
| 31 Fri May 2024 | 1028.15 | 1016.60 to 1046.65 | -0.3% | 1.2 times |
| 30 Thu May 2024 | 1031.20 | 1023.90 to 1040.15 | -0.71% | 0.31 times |
Technical analysis forecast of Jindal Steel & Power Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Jindal Steel & Power Limited JINDALSTEL at this time. Stock is rising and might rise more.
It appears as if Jindal Steel & Power Limited JINDALSTEL gave a large move recently.
Stock of Jindal Steel & Power Limited (JINDALSTEL) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.
My analysis of Jindal Steel & Power Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Jindal Steel & Power Limited stays above 1048.1, but if it comes below 1048.1, then a intra day sell could be more profitable.
If you take a sell trade below 1048.1, then use 1048.1 as stoploss and 1020.21 as target. However if you take a buy trade in Jindal Steel & Power Limited, then use 1048.1 as stoploss and 1081.5 as target.