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JINDALSTELMARKET OUTLOOKSTOCK OUTLOOK

Jindal Steel Outlook for the Week (January 22, 2024 – January 26, 2024)

Jindal Steel
Jindal Steel
Jindal Steel closed the previous week on a negative note losing 7.38%.

Technically, Jindal Steel share price will see immediate support at 701.25 and immediate resistance would be seen at 757.10.

If Jindal Steel share price closes below immediate support of 701.25, then sharp breakdown can be seen. Jindal Steel share price will see major support at 673.25 for the week.

On the positive side, immediate resistance will be seen at 757.10. Closing above 757.10, Jindal Steel share price will see a sharp breakout. Major resistance for Jindal Steel share price will be seen at 784.95 for the week.

Trading range for Jindal Steel share price for this week should be between 645.40 on down side and 812.95 on up side.

Jindal Steel Previous Week High: 756.95

Jindal Steel Previous Week Low: 701.1

Jindal Steel Previous Week Range: 55.85 Points

Jindal Steel share price support and resistance for the week (January 22, 2024 – January 26, 2024)

Level Type Value
Resistance 3 812.95
Resistance 2 784.95
Resistance 1 757.10
Support 1 701.25
Support 2 673.25
Support 3 645.40
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