Is Jindal Steel & Power Limited stock a buy or sell right now?

Based on current indicators, Jindal Steel & Power Limited shows a Buy signal, supported by strong momentum and a confirmed uptrend.

What is Jindal Steel & Power Limited’s RSI?

RSI is 68.94, showing balanced momentum within the normal range.

What does MACD indicate for JINDALSTEL.BO?

MACD at 38.48 remains positive, but the signal line crossover suggests short-term caution.

What are Jindal Steel & Power Limited’s key support and resistance levels?

Support sits around $1101.16, while resistance is near $1252.69.

Jindal Steel & Power Limited

JINDALSTEL.BO•BSE

Basic Materials

Steel

₹1217.00

₹0.10(0.008%)

Indian Market opens in 0h 28m

Jindal Steel & Power Limited (JINDALSTEL.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Jindal Steel & Power Limited (BSE:JINDALSTEL.BO).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

JINDALSTEL.BO Technical Analysis Summary

Jindal Steel & Power Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy

Momentum:Bullish (RSI: 68.94)

Trend Strength:Strong (ADX: 37.23)

Volatility:Medium (ATR: 29.76)

Support/Resistance:$1101.16 – $1252.69 (Bollinger Bands)

This mix signals that Jindal Steel & Power Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 68.94

Bullish

Above midpoint suggests upward bias.

Stochastic %K: 82.93

Bearish

Overbought levels may trigger pullback.

Williams %R: -19.07

Bearish

Overbought levels may trigger correction.

Rate of Change (ROC): 5.80

Strongly Bullish

Strong upside momentum.

Takeaway:Jindal Steel & Power Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 38.48

Bullish

Bullish, trend momentum is strengthening.

ADX: 37.23

Strong

Strong trend, momentum well established.

ATR (14): 29.76

Rising

Rising volatility, market activity increasing.

CCI (14): 106.81

Bearish Risk

Bearish risk, overbought levels suggest caution.

Takeaway:Jindal Steel & Power Limited shows overheated trend conditions, with risk of sharp pullback.

Support & Resistance indicators

Bollinger Bands

Upper Band

$1252.69

Middle Band (SMA 20)

$1176.93

Lower Band

$1101.16

Current Position

Within Bands

Takeaway:Jindal Steel & Power Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels

Upper Channel

$1233.22

Middle Line (EMA 20)

$1173.70

Lower Channel

$1114.17

Squeeze Status

No Squeeze

Takeaway:Jindal Steel & Power Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis

On-Balance Volume1.02M

Money Flow Index86.96Bearish risk, overbought conditions may trigger pullback.

Relative Vigor Index68.91Bullish, price momentum strongly favors buyers.

Overall Takeaway:JINDALSTEL.BO shows overheated money flow, with risk of pullback from overbought conditions.

Technical Trading Signals Summary

Based on the current technical analysis of Jindal Steel & Power Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

MACD below signal line → short-term caution on momentum.

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Jindal Steel & Power Limited stock shows a Strong Buy signal — momentum and trend strength are firmly positive, supported by stable volatility.