JINDALSTEL Outlook for the Week (December 23, 2024 – December 27, 2024)
Jindal Steel & Power closed the previous week on a negative note losing -8.55%.
Technically, Jindal Steel & Power share price will see immediate support at 874.57 and immediate resistance would be seen at 970.97.
If Jindal Steel & Power share price closes below immediate support of 874.57, then sharp breakdown can be seen. Jindal Steel & Power share price will see major support at 841.08 for the week.
On the positive side, immediate resistance will be seen at 970.97. Closing above 970.97, Jindal Steel & Power share price will see a sharp breakout. Major resistance for Jindal Steel & Power share price will be seen at 1,033.88 for the week.
Trading range for Jindal Steel & Power share price for this week should be between 778.17 on down side and 1,067.37 on up side.
Jindal Steel & Power Previous Week Open: 993
Jindal Steel & Power Previous Week High: 1000.4
Jindal Steel & Power Previous Week Low: 904
Jindal Steel & Power Previous Week Close: 908.05
Jindal Steel & Power Previous Week Range: 96.4 Points
Jindal Steel & Power share price support and resistance for the week (December 23, 2024 - December 27, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 1,067.37 |
| Resistance 2 | 1,033.88 |
| Resistance 1 | 970.97 |
| Support 1 | 874.57 |
| Support 2 | 841.08 |
| Support 3 | 778.17 |
