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Jindal Stainless Limited

JSL.BO Technical Analysis Summary (BSE)

Analyze JSL.BO on the BSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

JSL.BO●BSE
₹707.85
₹24.50(3.35%)
Indian Market opens in 19h 30m

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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

JSL.BO Technical Analysis Summary (BSE)

Jindal Stainless Limited (BSE: JSL.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: 40.93)
Trend Strength:Weak (ADX: 16.78)
Volatility:Medium (ATR: 20.03)
Support/Resistance:$709.05 – $769.65 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 40.93

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 12.72

Bullish
Oversold zone signals rebound potential.

Williams %R: -90.97

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -5.73

Strongly Bearish
Sharp downside momentum.

Takeaway:Jindal Stainless Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -2.89

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 16.78

Weak
Weak trend, market trading sideways.

ATR (14): 20.03

Rising
Rising volatility, market activity increasing.

CCI (14): -229.45

Bearish
Bearish, oversold conditions may spark rebound.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$769.65
Middle Band (SMA 20)
$739.35
Lower Band
$709.05
Current Position
Below Lower Band

Takeaway:Jindal Stainless Limited trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$774.42
Middle Line (EMA 20)
$734.35
Lower Channel
$694.29
Squeeze Status
Squeeze On

Takeaway:Jindal Stainless Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume643.80K
Money Flow Index30.22Bearish, selling pressure outweighs inflows.
Relative Vigor Index47.72Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:JSL.BO shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Jindal Stainless Limited (BSE: JSL.BO), here are the key trading signals and recommendations:

Bullish Signals

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 Stainless Limited are mixed, suggesting a Hold or wait-and-see approach.

(BSE: JSL.BO) Technical Analysis FAQ