Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
Jindal Steel & Power Limited

JINDALSTEL.BO Technical Analysis Summary (BSE)

Analyze JINDALSTEL.BO on the BSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

JINDALSTEL.BO●BSE
Basic MaterialsSteel
₹1035.95
₹4.15(0.40%)
Indian Market opens in 22h 37m

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 (BSE)

Jindal Steel & Power Limited (BSE: JINDALSTEL.BO) stock currently shows a neutral trend on the BSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 40.20)
Trend Strength:Strong (ADX: 33.01)
Volatility:Medium (ATR: 25.21)
Support/Resistance:$1014.83 – $1067.12 (Bollinger Bands)

Technical conditions suggest Jindal Steel & Power Limited on the BSE is awaiting a decisive move. Overall, Jindal Steel & Power Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 40.20

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 48.18

Neutral
Mid-range signal with no clear trend.

Williams %R: -55.05

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -2.26

Bearish
Selling pressure outweighs buying.

Takeaway:Jindal Steel & Power Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -22.76

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 33.01

Strong
Strong trend, momentum well established.

ATR (14): 25.21

Rising
Rising volatility, market activity increasing.

CCI (14): -34.73

Bearish
Bearish, momentum remains under pressure.

Takeaway:Jindal Steel & Power Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1067.12
Middle Band (SMA 20)
$1040.97
Lower Band
$1014.83
Current Position
Within Bands

Takeaway:Jindal Steel & Power Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$1103.06
Middle Line (EMA 20)
$1052.64
Lower Channel
$1002.22
Squeeze Status
Squeeze On

Takeaway:Jindal Steel & Power Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-1.57M
Money Flow Index41.39Neutral, balanced money flows with no clear signal.
Relative Vigor Index50.95Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:JINDALSTEL.BO shows neutral money flow, with no clear directional pressure.

Technical Trading Signals Summary
Based on the current technical analysis of Jindal Steel & Power Limited (BSE: JINDALSTEL.BO), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Jindal Steel & Power Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(BSE: JINDALSTEL.BO) Technical Analysis FAQ