JINDALSTEL NEWS why is Jindal Steel & Power Limited price falling or rising

JINDALSTEL NEWS reasons for why stock price of Jindal Steel & Power Limited is falling or rising

JINDALSTEL Jindal Steel is falling or rising technical reasons

Technical analysis forecast of Jindal Steel Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Jindal Steel JINDALSTEL at this time. Stock is rising and might rise more.

It appears as if Jindal Steel JINDALSTEL gave a large move recently.

Stock of Jindal Steel (JINDALSTEL) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Jindal Steel is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Jindal Steel stays above 919.9, but if it comes below 919.9, then a intra day sell could be more profitable.
If you take a sell trade below 919.9, then use 919.9 as stoploss and 889.7 as target. However if you take a buy trade in Jindal Steel, then use 919.9 as stoploss and 956.1 as target.

JINDALSTEL Jindal Steel is falling or rising NEWS fundamental reasons

Company Announcement Jindal Steel & Power Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 - NEWS as on 2024-04-10

Company Announcement Jindal Steel & Power Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 - NEWS as on 2024-04-01

Company Announcement - NEWS as on 2024-03-26

Company Announcement Jindal Steel & Power Limited has informed the Exchange about Schedule of meet - NEWS as on 2024-03-18

Company Announcement Jindal Steel & Power Limited has informed the Exchange about Transcript - NEWS as on 2024-02-06

Company Announcement Jindal Steel & Power Limited has informed the Exchange regarding Board meeting held on January 31, 2024. - NEWS as on 2024-02-01

Company Announcement Jindal Steel & Power Limited has informed the Exchange regarding a press release dated December 23, 2023, titled "Jindal Steel & Power Extends Support to RINL in Historic Collaboration, Setting New Industry Benchmarks". - NEWS as on 2023-12-26

Company Announcement Jindal Steel & Power Limited has informed the Exchange regarding 'Intimation of Schedule of Analyst / Institutional Investor Meeting under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, ( SEB - NEWS as on 2023-11-21

More announcements and NEWS

JINDALSTEL Jindal Steel & Power Limited current price & indicator signals

Moving Averages for Jindal Steel & Power Limited

  • 5Day Average: 919.42
  • 12Day Average: 909.82
  • 20Day Average: 892.06
  • 50Day Average: 829.28
  • 100Day Average: 778.3
  • 150Day Average: 739.9
  • 200Day Average: 719.73

JINDALSTEL Indicators & signals

Indicator MACD (12,26,9)

906.24, 878.21, 28.03
Indicator MACD is in positive zone

Indicator ADX (14)

26.84, 28.61, 16.5
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 58
Indicator RSI is indicating buying momentum and stock might rise.

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
24 Wed Apr 2024 936.50 911.15 to 944.45 2.93% 1.36 times
23 Tue Apr 2024 909.85 905.10 to 922.45 -0.85% 0.38 times
22 Mon Apr 2024 917.65 915.30 to 945.35 -1.04% 0.66 times
19 Fri Apr 2024 927.25 885.80 to 931.95 2.36% 1.45 times
18 Thu Apr 2024 905.85 899.20 to 936.00 0.45% 1.23 times
16 Tue Apr 2024 901.80 883.00 to 909.20 0.9% 0.58 times
15 Mon Apr 2024 893.75 876.05 to 913.00 -0.42% 0.93 times
12 Fri Apr 2024 897.55 891.20 to 907.90 -0.02% 0.41 times
10 Wed Apr 2024 897.75 891.65 to 911.05 -0.53% 2.79 times
09 Tue Apr 2024 902.55 899.00 to 927.00 -0.99% 0.94 times
08 Mon Apr 2024 911.55 903.65 to 924.15 -0.46% 0.62 times
05 Fri Apr 2024 915.75 888.05 to 921.50 1.37% 1.19 times

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