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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.NSNSE
1035.80
6.10(0.59%)
Indian Market opens in 23h 53m

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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 bearish trend on the NSE, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 39.21)
Trend Strength:Strong (ADX: 37.45)
Volatility:Medium (ATR: 24.71)
Support/Resistance:$1015.94 – $1065.77 (Bollinger Bands)

Technical conditions suggest Jindal Steel & Power Limited on the NSE is awaiting a decisive move. This mix signals that Jindal Steel & Power Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 39.21

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 53.41

Neutral
Mid-range signal with no clear trend.

Williams %R: -51.96

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -2.24

Bearish
Selling pressure outweighs buying.

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

Trend & Volatility

MACD: -22.47

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 37.45

Strong
Strong trend, momentum well established.

ATR (14): 24.71

Rising
Rising volatility, market activity increasing.

CCI (14): -34.76

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
$1065.77
Middle Band (SMA 20)
$1040.86
Lower Band
$1015.94
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$1102.11
Middle Line (EMA 20)
$1052.70
Lower Channel
$1003.28
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-16.22M
Money Flow Index54.15Neutral, balanced money flows with no clear signal.
Relative Vigor Index51.17Neutral 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

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.

(NSE: JINDALSTEL.NS) Technical Analysis FAQ