Stock analysis Jindal Steel & Power Limited JINDALSTEL
More indepth analysis on MunafaSutra.com
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 |
| 19 Tue Nov 2024 | 865.40 | 862.35 to 890.85 | -2.41% | 0.82 times |
| 18 Mon Nov 2024 | 886.75 | 875.25 to 903.95 | 1.07% | 0.7 times |
| 14 Thu Nov 2024 | 877.40 | 859.00 to 888.00 | 2.18% | 0.96 times |
| 13 Wed Nov 2024 | 858.65 | 855.00 to 884.90 | -3.2% | 1.15 times |
| 12 Tue Nov 2024 | 887.00 | 883.20 to 915.95 | -2.19% | 1.4 times |
| 11 Mon Nov 2024 | 906.85 | 904.55 to 929.80 | -2.28% | 0.67 times |
| 08 Fri Nov 2024 | 928.05 | 920.15 to 955.50 | -2.06% | 0.61 times |
| 07 Thu Nov 2024 | 947.60 | 929.60 to 968.95 | -0.45% | 1.51 times |
| 06 Wed Nov 2024 | 951.85 | 928.00 to 955.50 | 1.69% | 1.3 times |
| 05 Tue Nov 2024 | 936.05 | 905.15 to 939.00 | 2.95% | 1.17 times |
| 04 Mon Nov 2024 | 909.20 | 897.80 to 933.90 | -2.18% | 0.53 times |
| 01 Fri Nov 2024 | 929.50 | 922.40 to 935.40 | 0.98% | 0.12 times |
Technical analysis forecast for Jindal Steel & Power Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Jindal Steel & Power Limited JINDALSTEL at this time. Stock is falling and might fall more.
It appears as if Jindal Steel & Power Limited JINDALSTEL gave a large move recently.
Stock of Jindal Steel & Power Limited (JINDALSTEL) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
Although my analysis for Jindal Steel & Power Limited 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 859.4, for a target of 888.8 or 913.26