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Jindal Steel & Power Limited

JINDALSTEL.NS Technical Analysis Summary (NSE)

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

JINDALSTEL.NS●NSE
Basic MaterialsSteel
₹1101.50
₹14.60(1.31%)
Indian Market opens in 3h 9m

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.NS Technical Analysis Summary (NSE)

Jindal Steel & Power Limited (NSE: JINDALSTEL.NS) stock currently shows a bullish trend on the NSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 52.67)
Trend Strength:Moderate (ADX: 22.96)
Volatility:Medium (ATR: 24.06)
Support/Resistance:$1037.54 – $1143.97 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 52.67

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 57.47

Neutral
Mid-range signal with no clear trend.

Williams %R: -63.21

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 1.18

Bullish
Steady upward momentum.

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

Trend & Volatility

MACD: 8.48

Bullish
Bullish, trend momentum is strengthening.

ADX: 22.96

Moderate
Moderate trend, direction gaining strength.

ATR (14): 24.06

Rising
Rising volatility, market activity increasing.

CCI (14): 3.15

Neutral
Neutral, no strong directional signal.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$1143.97
Middle Band (SMA 20)
$1090.76
Lower Band
$1037.54
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$1141.83
Middle Line (EMA 20)
$1093.71
Lower Channel
$1045.59
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-9.80M
Money Flow Index58.59Neutral, balanced money flows with no clear signal.
Relative Vigor Index53.13Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:JINDALSTEL.NS shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Jindal Steel & Power Limited (NSE: JINDALSTEL.NS), 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.

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

Bearish Signals

No significant bearish signals detected.

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

(NSE: JINDALSTEL.NS) Technical Analysis FAQ