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JINDALSTELMARKET OUTLOOKSTOCK OUTLOOK

Jindal Steel Outlook for the Week (December 25, 2023 – December 29, 2023)

Jindal Steel
Jindal Steel
Jindal Steel closed the previous week on a negative note losing 7.41%.

Technically, Jindal Steel share price will see immediate support at 694.35 and immediate resistance would be seen at 749.15.

If Jindal Steel share price closes below immediate support of 694.35, then sharp breakdown can be seen. Jindal Steel share price will see major support at 662.30 for the week.

On the positive side, immediate resistance will be seen at 749.15. Closing above 749.15, Jindal Steel share price will see a sharp breakout. Major resistance for Jindal Steel share price will be seen at 771.90 for the week.

Trading range for Jindal Steel share price for this week should be between 639.55 on down side and 803.95 on up side.

Jindal Steel Previous Week High: 739.85

Jindal Steel Previous Week Low: 685.05

Jindal Steel Previous Week Range: 54.8 Points

Jindal Steel share price support and resistance for the week (December 25, 2023 – December 29, 2023)

Level Type Value
Resistance 3 803.95
Resistance 2 771.90
Resistance 1 749.15
Support 1 694.35
Support 2 662.30
Support 3 639.55
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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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