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JINDALSTELMARKET OUTLOOKSTOCK OUTLOOK

Jindal Steel Outlook for the Week (December 18, 2023 – December 22, 2023)

Jindal Steel
Jindal Steel
Jindal Steel closed the previous week on a negative note losing 10.80%.

Technically, Jindal Steel share price will see immediate support at 683.63 and immediate resistance would be seen at 766.53.

If Jindal Steel share price closes below immediate support of 683.63, then sharp breakdown can be seen. Jindal Steel share price will see major support at 642.87 for the week.

On the positive side, immediate resistance will be seen at 766.53. Closing above 766.53, Jindal Steel share price will see a sharp breakout. Major resistance for Jindal Steel share price will be seen at 808.67 for the week.

Trading range for Jindal Steel share price for this week should be between 600.73 on down side and 849.43 on up side.

Jindal Steel Previous Week High: 767.9

Jindal Steel Previous Week Low: 685

Jindal Steel Previous Week Range: 82.9 Points

Jindal Steel share price support and resistance for the week (December 18, 2023 – December 22, 2023)

Level Type Value
Resistance 3 849.43
Resistance 2 808.67
Resistance 1 766.53
Support 1 683.63
Support 2 642.87
Support 3 600.73
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{"buy_point":[{"en_ltd":"2023-11-06","en_sup_p_91":"607.96","en_sup_t_91":"592.23","prev_close":"596.90","en_close":"622.20","new_date":"Nov 6","prev_close_no":596}],"sell_point":[]}

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