Advertisement

Meyka AI - Contribute to AI-powered stock and crypto research platform
Meyka Stock Market API - Real-time financial data and AI insights for developers
Advertise on Meyka - Reach investors and traders across 10 global markets
Loading...

Jindal Stainless Limited

JSL.NS•NSE
Basic Materials
Steel
₹717.45
₹21.75(3.13%)
Indian Market opens in 6h 52m

Jindal Stainless Limited (JSL.NS) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Jindal Stainless Limited (NSE:JSL.NS).

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

JSL.NS Technical Analysis Summary

Jindal Stainless Limited stock currently shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 37.76)
Trend Strength:Moderate (ADX: 20.74)
Volatility:Medium (ATR: 31.95)
Support/Resistance:$680.58 – $819.29 (Bollinger Bands)

Overall, Jindal Stainless Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 37.76

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 28.53

Bearish
Momentum remains weak below midpoint.

Williams %R: -81.91

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -10.39

Strongly Bearish
Sharp downside momentum.

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

Trend & Volatility

MACD: -19.25

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 20.74

Moderate
Moderate trend, direction gaining strength.

ATR (14): 31.95

Rising
Rising volatility, market activity increasing.

CCI (14): -102.23

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Jindal Stainless Limited shows oversold trend conditions, with potential for rebound if buyers step in.

Support & Resistance indicators
Bollinger Bands
Upper Band
$819.29
Middle Band (SMA 20)
$749.94
Lower Band
$680.58
Current Position
Within Bands

Takeaway:Jindal Stainless Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$803.95
Middle Line (EMA 20)
$740.05
Lower Channel
$676.14
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume12.89M
Money Flow Index41.29Neutral, balanced money flows with no clear signal.
Relative Vigor Index58.02Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:JSL.NS shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Jindal Stainless Limited, 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

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

Overall Recommendation:Jindal Stainless Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ