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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
₹1124.85
₹0.70(0.06%)
Indian Market opens in 7h 19m

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: 49.41)
Trend Strength:Moderate (ADX: 22.56)
Volatility:Medium (ATR: 27.87)
Support/Resistance:$1099.92 – $1186.15 (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): 49.41

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 36.33

Bearish
Momentum remains weak below midpoint.

Williams %R: -52.61

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -4.43

Bearish
Selling pressure outweighs buying.

Takeaway:Jindal Steel & Power Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: 1.31

Bullish
Bullish, trend momentum is strengthening.

ADX: 22.56

Moderate
Moderate trend, direction gaining strength.

ATR (14): 27.87

Rising
Rising volatility, market activity increasing.

CCI (14): -27.18

Bearish
Bearish, momentum remains under pressure.

Takeaway:Jindal Steel & Power Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1186.15
Middle Band (SMA 20)
$1143.03
Lower Band
$1099.92
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$1185.15
Middle Line (EMA 20)
$1129.42
Lower Channel
$1073.68
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-539.60K
Money Flow Index40.75Neutral, balanced money flows with no clear signal.
Relative Vigor Index41.78Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:JINDALSTEL.BO shows balanced money flow with a slight bearish tilt.

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

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

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

Bearish Signals

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

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