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JINDALSTELMARKET OUTLOOKSTOCK OUTLOOK

Jindal Steel Outlook for the Week (August 28, 2023 – September 01, 2023)

Jindal Steel
Jindal Steel
Jindal Steel closed the previous week on a negative note losing 5.40%.

Technically, Jindal Steel share price will see immediate support at 621.88 and immediate resistance would be seen at 658.03.

If Jindal Steel share price closes below immediate support of 621.88, then sharp breakdown can be seen. Jindal Steel share price will see major support at 609.37 for the week.

On the positive side, immediate resistance will be seen at 658.03. Closing above 658.03, Jindal Steel share price will see a sharp breakout. Major resistance for Jindal Steel share price will be seen at 681.67 for the week.

Trading range for Jindal Steel share price for this week should be between 585.73 on down side and 694.18 on up side.

Jindal Steel Previous Week High: 669.15

Jindal Steel Previous Week Low: 633

Jindal Steel Previous Week Range: 36.15 Points

Jindal Steel share price support and resistance for the week (August 28, 2023 – September 01, 2023)

Level Type Value
Resistance 3 694.18
Resistance 2 681.67
Resistance 1 658.03
Support 1 621.88
Support 2 609.37
Support 3 585.73

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