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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
₹1102.00
₹15.50(1.39%)
Indian Market opens in 3h 18m

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 Bullish (RSI: 53.23)
Trend Strength:Weak (ADX: 19.49)
Volatility:Medium (ATR: 24.14)
Support/Resistance:$1037.57 – $1143.94 (Bollinger Bands)

Technical conditions suggest Jindal Steel & Power Limited on the BSE is awaiting a decisive move. Technical conditions suggest Jindal Steel & Power Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 53.23

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 60.70

Bullish
Buying momentum building without extremes.

Williams %R: -55.56

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 1.04

Bullish
Steady upward momentum.

Takeaway:Jindal Steel & Power Limited shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 8.49

Bullish
Bullish, trend momentum is strengthening.

ADX: 19.49

Weak
Weak trend, market trading sideways.

ATR (14): 24.14

Rising
Rising volatility, market activity increasing.

CCI (14): 18.27

Neutral
Neutral, no strong directional signal.

Takeaway:Jindal Steel & Power Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1143.94
Middle Band (SMA 20)
$1090.76
Lower Band
$1037.57
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$1141.98
Middle Line (EMA 20)
$1093.70
Lower Channel
$1045.42
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 Volume-1.27M
Money Flow Index63.07Bullish, inflows support continued momentum.
Relative Vigor Index45.55Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:JINDALSTEL.BO shows mixed signals in money flow analysis.

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

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

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

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Jindal Steel & Power Limited are mixed, suggesting a Hold or wait-and-see approach.

(BSE: JINDALSTEL.BO) Technical Analysis FAQ