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JINDALSTELMARKET OUTLOOKSTOCK OUTLOOK

Jindal Steel Outlook for the Week (May 06, 2024 – May 10, 2024)

Jindal Steel
Jindal Steel
Jindal Steel closed the previous week on a negative note losing 3.81%.

Technically, Jindal Steel share price will see immediate support at 916.63 and immediate resistance would be seen at 953.18.

If Jindal Steel share price closes below immediate support of 916.63, then sharp breakdown can be seen. Jindal Steel share price will see major support at 901.77 for the week.

On the positive side, immediate resistance will be seen at 953.18. Closing above 953.18, Jindal Steel share price will see a sharp breakout. Major resistance for Jindal Steel share price will be seen at 974.87 for the week.

Trading range for Jindal Steel share price for this week should be between 880.08 on down side and 989.73 on up side.

Jindal Steel Previous Week High: 960

Jindal Steel Previous Week Low: 923.45

Jindal Steel Previous Week Range: 36.55 Points

Jindal Steel share price support and resistance for the week (May 06, 2024 – May 10, 2024)

Level Type Value
Resistance 3 989.73
Resistance 2 974.87
Resistance 1 953.18
Support 1 916.63
Support 2 901.77
Support 3 880.08
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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":[]}

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