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JINDALSTELMARKET OUTLOOKSTOCK OUTLOOK

Jindal Steel Outlook for the Week (January 08, 2024 – January 12, 2024)

Jindal Steel
Jindal Steel
Jindal Steel closed the previous week on a negative note losing 4.24%.

Technically, Jindal Steel share price will see immediate support at 720.97 and immediate resistance would be seen at 753.02.

If Jindal Steel share price closes below immediate support of 720.97, then sharp breakdown can be seen. Jindal Steel share price will see major support at 706.18 for the week.

On the positive side, immediate resistance will be seen at 753.02. Closing above 753.02, Jindal Steel share price will see a sharp breakout. Major resistance for Jindal Steel share price will be seen at 770.28 for the week.

Trading range for Jindal Steel share price for this week should be between 688.92 on down side and 785.07 on up side.

Jindal Steel Previous Week High: 755.5

Jindal Steel Previous Week Low: 723.45

Jindal Steel Previous Week Range: 32.05 Points

Jindal Steel share price support and resistance for the week (January 08, 2024 – January 12, 2024)

Level Type Value
Resistance 3 785.07
Resistance 2 770.28
Resistance 1 753.02
Support 1 720.97
Support 2 706.18
Support 3 688.92
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{"buy_point":[{"en_ltd":"2023-12-22","en_sup_p_91":"721.32","en_sup_t_91":"694.98","prev_close":"706.05","en_close":"726.40","new_date":"Dec 22","prev_close_no":706}],"sell_point":[]}

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