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JINDALSTELMARKET OUTLOOKSTOCK OUTLOOK

Jindal Steel Outlook for the Week (August 21, 2023 – August 25, 2023)

Jindal Steel
Jindal Steel
Jindal Steel closed the previous week on a negative note losing 7.78%.

Technically, Jindal Steel share price will see immediate support at 621.90 and immediate resistance would be seen at 675.70.

If Jindal Steel share price closes below immediate support of 621.90, then sharp breakdown can be seen. Jindal Steel share price will see major support at 602.75 for the week.

On the positive side, immediate resistance will be seen at 675.70. Closing above 675.70, Jindal Steel share price will see a sharp breakout. Major resistance for Jindal Steel share price will be seen at 710.35 for the week.

Trading range for Jindal Steel share price for this week should be between 568.10 on down side and 729.50 on up side.

Jindal Steel Previous Week High: 691.2

Jindal Steel Previous Week Low: 637.4

Jindal Steel Previous Week Range: 53.8 Points

Jindal Steel share price support and resistance for the week (August 21, 2023 – August 25, 2023)

Level Type Value
Resistance 3 729.50
Resistance 2 710.35
Resistance 1 675.70
Support 1 621.90
Support 2 602.75
Support 3 568.10

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