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JINDALSTEL Outlook for the Week (February 03, 2025 – February 07, 2025)

Jindal Steel & Power closed the previous week on a negative note losing -9.70%.

Technically, Jindal Steel & Power share price will see immediate support at 717.73 and immediate resistance would be seen at 870.98.

If Jindal Steel & Power share price closes below immediate support of 717.73, then sharp breakdown can be seen. Jindal Steel & Power share price will see major support at 643.92 for the week.

1000.001000.00950.00950.00900.00900.00850.00850.00800.00800.00750.00750.00700.00700.002024-12-192024-12-192024-12-242024-12-242024-12-302024-12-302025-01-022025-01-022025-01-072025-01-072025-01-102025-01-102025-01-152025-01-152025-01-202025-01-202025-01-232025-01-232025-01-282025-01-282025-01-312025-01-31Reversal Level 800BullishBearishBullishBearish

On the positive side, immediate resistance will be seen at 870.98. Closing above 870.98, Jindal Steel & Power share price will see a sharp breakout. Major resistance for Jindal Steel & Power share price will be seen at 950.42 for the week.

Trading range for Jindal Steel & Power share price for this week should be between 564.48 on down side and 1,024.23 on up side.

Jindal Steel & Power Previous Week Open: 876.6

Jindal Steel & Power Previous Week High: 876.6

Jindal Steel & Power Previous Week Low: 723.35

Jindal Steel & Power Previous Week Close: 791.55

Jindal Steel & Power Previous Week Range: 153.25 Points

Jindal Steel & Power share price support and resistance for the week (February 03, 2025 - February 07, 2025)

Level Type Value
Resistance 31,024.23
Resistance 2950.42
Resistance 1870.98
Support 1717.73
Support 2643.92
Support 3564.48

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