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JINDALSTELMARKET OUTLOOKSTOCK OUTLOOK

Jindal Steel Outlook for the Week (April 08, 2024 – April 12, 2024)

Jindal Steel
Jindal Steel
Jindal Steel closed the previous week on a negative note losing 7.20%.

Technically, Jindal Steel share price will see immediate support at 873.43 and immediate resistance would be seen at 939.78.

If Jindal Steel share price closes below immediate support of 873.43, then sharp breakdown can be seen. Jindal Steel share price will see major support at 831.12 for the week.

On the positive side, immediate resistance will be seen at 939.78. Closing above 939.78, Jindal Steel share price will see a sharp breakout. Major resistance for Jindal Steel share price will be seen at 963.82 for the week.

Trading range for Jindal Steel share price for this week should be between 807.08 on down side and 1,006.13 on up side.

Jindal Steel Previous Week High: 921.5

Jindal Steel Previous Week Low: 855.15

Jindal Steel Previous Week Range: 66.35 Points

Jindal Steel share price support and resistance for the week (April 08, 2024 – April 12, 2024)

Level Type Value
Resistance 3 1,006.13
Resistance 2 963.82
Resistance 1 939.78
Support 1 873.43
Support 2 831.12
Support 3 807.08
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