Jindal Steel closed the previous week on a negative note losing 5.86%.
Technically, Jindal Steel share price will see immediate support at 1,003.20 and immediate resistance would be seen at 1,066.50.
If Jindal Steel share price closes below immediate support of 1,003.20, then sharp breakdown can be seen. Jindal Steel share price will see major support at 978.25 for the week.
On the positive side, immediate resistance will be seen at 1,066.50. Closing above 1,066.50, Jindal Steel share price will see a sharp breakout. Major resistance for Jindal Steel share price will be seen at 1,104.85 for the week.
Trading range for Jindal Steel share price for this week should be between 939.90 on down side and 1,129.80 on up side.
Jindal Steel Previous Week High: 1079.9
Jindal Steel Previous Week Low: 1016.6
Jindal Steel Previous Week Range: 63.3 Points
Jindal Steel share price support and resistance for the week (June 03, 2024 – June 07, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 1,129.80 |
| Resistance 2 | 1,104.85 |
| Resistance 1 | 1,066.50 |
| Support 1 | 1,003.20 |
| Support 2 | 978.25 |
| Support 3 | 939.90 |
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