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JINDALSTELMARKET OUTLOOKSTOCK OUTLOOK

Jindal Steel Outlook for the Week (October 09, 2023 – October 13, 2023)

Jindal Steel
Jindal Steel
Jindal Steel closed the previous week on a negative note losing 4.17%.

Technically, Jindal Steel share price will see immediate support at 670.03 and immediate resistance would be seen at 699.28.

If Jindal Steel share price closes below immediate support of 670.03, then sharp breakdown can be seen. Jindal Steel share price will see major support at 656.62 for the week.

On the positive side, immediate resistance will be seen at 699.28. Closing above 699.28, Jindal Steel share price will see a sharp breakout. Major resistance for Jindal Steel share price will be seen at 715.12 for the week.

Trading range for Jindal Steel share price for this week should be between 640.78 on down side and 728.53 on up side.

Jindal Steel Previous Week High: 701.7

Jindal Steel Previous Week Low: 672.45

Jindal Steel Previous Week Range: 29.25 Points

Jindal Steel share price support and resistance for the week (October 09, 2023 – October 13, 2023)

Level Type Value
Resistance 3 728.53
Resistance 2 715.12
Resistance 1 699.28
Support 1 670.03
Support 2 656.62
Support 3 640.78
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{"buy_point":[{"en_ltd":"2023-09-14","en_sup_p_91":"706.92","en_sup_t_91":"686.56","prev_close":"691.80","en_close":"711.05","new_date":"Sep 14","prev_close_no":691},{"en_ltd":"2023-08-29","en_sup_p_91":"656.32","en_sup_t_91":"650.32","prev_close":"655.85","en_close":"676.30","new_date":"Aug 29","prev_close_no":655}],"sell_point":[{"en_ltd":"2023-09-20","en_sup_p_91":"697.02","en_sup_t_91":"711.75","prev_close":"702.10","en_close":"688.95","new_date":"Sep 20","prev_close_no":702},{"en_ltd":"2023-09-12","en_sup_p_91":"693.35","en_sup_t_91":"720.47","prev_close":"713.55","en_close":"685.85","new_date":"Sep 12","prev_close_no":713}]}

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