Stock analysis Jindal Steel & Power Limited JINDALSTEL
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Recent prices of JINDALSTEL Jindal Steel & Power Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 30 Thu Jan 2025 | 840.05 | 821.30 to 864.20 | -1.05% | 1.49 times |
| 29 Wed Jan 2025 | 849.00 | 836.70 to 855.85 | 0.94% | 0.42 times |
| 28 Tue Jan 2025 | 841.10 | 825.55 to 858.75 | -0.18% | 0.65 times |
| 27 Mon Jan 2025 | 842.65 | 838.20 to 876.60 | -4.55% | 1.71 times |
| 24 Fri Jan 2025 | 882.80 | 881.00 to 908.00 | -1.14% | 1.55 times |
| 23 Thu Jan 2025 | 893.00 | 889.25 to 906.00 | -0.42% | 0.83 times |
| 22 Wed Jan 2025 | 896.80 | 877.35 to 927.75 | -2.41% | 1.22 times |
| 21 Tue Jan 2025 | 918.90 | 915.50 to 940.00 | -1.6% | 0.61 times |
| 20 Mon Jan 2025 | 933.80 | 910.65 to 939.90 | 0.99% | 0.93 times |
| 17 Fri Jan 2025 | 924.65 | 912.60 to 930.90 | 0.74% | 1.04 times |
| 16 Thu Jan 2025 | 917.85 | 911.50 to 932.50 | 0.83% | 1.06 times |
| 15 Wed Jan 2025 | 910.25 | 898.15 to 919.25 | 0.04% | 1.31 times |
Technical analysis forecast for Jindal Steel & Power Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Jindal Steel & Power Limited JINDALSTEL at this time. Stock is falling and might fall more.
It appears as if Jindal Steel & Power Limited JINDALSTEL gave a large move recently.
Stock of Jindal Steel & Power Limited (JINDALSTEL) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Jindal Steel & Power Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Jindal Steel & Power Limited stays below 857, but if it comes above 857, then a intra day buy could be more profitable.
If you take a sell trade below 857, then use 857 as stoploss and 815.9 as target. However if you take a buy trade in Jindal Steel & Power Limited, then use 857 as stoploss and 891.17 as target.