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JINDALSTELMARKET OUTLOOKSTOCK OUTLOOK

Jindal Steel Outlook for the Week (April 22, 2024 – April 26, 2024)

Jindal Steel
Jindal Steel
Jindal Steel closed the previous week on a negative note losing 6.40%.

Technically, Jindal Steel share price will see immediate support at 890.20 and immediate resistance would be seen at 950.15.

If Jindal Steel share price closes below immediate support of 890.20, then sharp breakdown can be seen. Jindal Steel share price will see major support at 853.15 for the week.

On the positive side, immediate resistance will be seen at 950.15. Closing above 950.15, Jindal Steel share price will see a sharp breakout. Major resistance for Jindal Steel share price will be seen at 973.05 for the week.

Trading range for Jindal Steel share price for this week should be between 830.25 on down side and 1,010.10 on up side.

Jindal Steel Previous Week High: 936

Jindal Steel Previous Week Low: 876.05

Jindal Steel Previous Week Range: 59.95 Points

Jindal Steel share price support and resistance for the week (April 22, 2024 – April 26, 2024)

Level Type Value
Resistance 3 1,010.10
Resistance 2 973.05
Resistance 1 950.15
Support 1 890.20
Support 2 853.15
Support 3 830.25
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