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Jindal Steel & Power Limited

JINDALSTEL.BO•BSE
Basic Materials
Steel
₹1267.35
₹46.000(3.77%)
Indian Market is Open • 14:00

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 trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Bullish (RSI: 60.12)
Trend Strength:Weak (ADX: 18.51)
Volatility:Medium (ATR: 40.02)
Support/Resistance:$1083.76 – $1239.48 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 60.12

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 86.13

Bearish
Overbought levels may trigger pullback.

Williams %R: -15.45

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 10.66

Strongly Bullish
Strong upside momentum.

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

Trend & Volatility

MACD: 13.17

Bullish
Bullish, trend momentum is strengthening.

ADX: 18.51

Weak
Weak trend, market trading sideways.

ATR (14): 40.02

Rising
Rising volatility, market activity increasing.

CCI (14): 98.43

Bullish
Bullish, momentum building upward.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$1239.48
Middle Band (SMA 20)
$1161.62
Lower Band
$1083.76
Current Position
Above Upper Band

Takeaway:Jindal Steel & Power Limited trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$1261.34
Middle Line (EMA 20)
$1181.29
Lower Channel
$1101.25
Squeeze Status
Squeeze On

Takeaway:Jindal Steel & Power Limited trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume300.81K
Money Flow Index45.95Neutral, balanced money flows with no clear signal.
Relative Vigor Index76.41Bullish, price momentum strongly favors buyers.

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, 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

Price near upper Bollinger Band → potential resistance and pullback risk.

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

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