Jindal Steel Weekly Outlook and Analysis:

For the Week: (July 31, 2023 – August 04, 2023)

Jindal Steel closed the previous week on a negative note losing 6.44%

Technically, Jindal Steel share price will see immediate support at 637.53 and immediate resistance would be seen at 680.53

If Jindal Steel share price closes below immediate support of 637.53, then sharp breakdown can be seen. Jindal Steel share price will see major support at 609.77 for the week.

On the positive side, immediate resistance will be seen at 680.53. Closing above 680.53, Jindal Steel share price will see a sharp breakout. Major resistance for Jindal Steel share price will be seen at 695.77 for the week.

Trading range for Jindal Steel share price for this week should be between 594.53 on down side and 723.53 on up side.

Jindal Steel Previous Week High: 668

Jindal Steel Previous Week Low: 625

Jindal Steel Previous Week Range: 43 Points

Jindal Steel share price support and resistance for the week (July 31, 2023 – August 04, 2023)