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Stock analysis Jindal Steel & Power Limited JINDALSTEL

More indepth analysis on MunafaSutra.com

Moving Averages for Jindal Steel & Power Limited

  • 5Day Average: 929.08
  • 12Day Average: 958.37
  • 20Day Average: 946.73
  • 50Day Average: 926.47
  • 100Day Average: 953.83
  • 150Day Average: 973.34
  • 200Day Average: 958.71

JINDALSTEL Indicators & signals

Indicator MACD (12,26,9)

941.97, 939, 6.91
Indicator MACD is in positive zone

Indicator ADX (14)

19.06, 15.89, 23.38
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 49
Indicator RSI is indicating buying momentum and stock might rise.

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
24 Tue Dec 2024 942.70 930.00 to 946.55 0.2% 1.21 times
23 Mon Dec 2024 940.80 883.35 to 947.50 3.61% 2.45 times
20 Fri Dec 2024 908.05 904.00 to 934.40 -1.56% 0.81 times
19 Thu Dec 2024 922.40 907.00 to 925.00 -0.97% 0.54 times
18 Wed Dec 2024 931.45 926.85 to 961.65 0% 0.7 times
18 Wed Dec 2024 931.45 926.85 to 961.65 -2.11% 0.7 times
17 Tue Dec 2024 951.50 947.75 to 981.65 -2.52% 0.65 times
16 Mon Dec 2024 976.10 968.90 to 1000.40 -2.27% 1.05 times
13 Fri Dec 2024 998.75 974.15 to 1000.80 -0.15% 1.16 times
12 Thu Dec 2024 1000.25 987.05 to 1006.00 0.56% 0.98 times
11 Wed Dec 2024 994.65 990.30 to 1008.40 -0.77% 0.95 times
10 Tue Dec 2024 1002.35 973.00 to 1011.45 3.63% 3.41 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, and stock might move up till 972.4 or till 1010.8. Use a stoploss of 940.37 and if this stock hits its stoploss, then it can fall down till 908.37

More indepth analysis on MunafaSutra.com