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JINDALSTELMARKET OUTLOOKSTOCK OUTLOOK

Jindal Steel Outlook for the Week (April 29, 2024 – May 03, 2024)

Jindal Steel
Jindal Steel
Jindal Steel closed the previous week on a negative note losing 4.41%.

Technically, Jindal Steel share price will see immediate support at 909.00 and immediate resistance would be seen at 950.80.

If Jindal Steel share price closes below immediate support of 909.00, then sharp breakdown can be seen. Jindal Steel share price will see major support at 886.15 for the week.

On the positive side, immediate resistance will be seen at 950.80. Closing above 950.80, Jindal Steel share price will see a sharp breakout. Major resistance for Jindal Steel share price will be seen at 969.75 for the week.

Trading range for Jindal Steel share price for this week should be between 867.20 on down side and 992.60 on up side.

Jindal Steel Previous Week High: 946.9

Jindal Steel Previous Week Low: 905.1

Jindal Steel Previous Week Range: 41.8 Points

Jindal Steel share price support and resistance for the week (April 29, 2024 – May 03, 2024)

Level Type Value
Resistance 3 992.60
Resistance 2 969.75
Resistance 1 950.80
Support 1 909.00
Support 2 886.15
Support 3 867.20
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{"buy_point":[{"en_ltd":"2024-03-18","en_sup_p_91":"799.15","en_sup_t_91":"759.86","prev_close":"767.75","en_close":"808.00","new_date":"Mar 18","prev_close_no":767}],"sell_point":[{"en_ltd":"2024-03-12","en_sup_p_91":"816.92","en_sup_t_91":"841.97","prev_close":"827.75","en_close":"807.15","new_date":"Mar 12","prev_close_no":827}]}

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