Signals, Powered By EquityPandit
Jindal Steel closed the previous week on a negative note losing 4.07%.
Technically, Jindal Steel share price will see immediate support at 911.13 and immediate resistance would be seen at 949.83.
If Jindal Steel share price closes below immediate support of 911.13, then sharp breakdown can be seen. Jindal Steel share price will see major support at 891.72 for the week.
On the positive side, immediate resistance will be seen at 949.83. Closing above 949.83, Jindal Steel share price will see a sharp breakout. Major resistance for Jindal Steel share price will be seen at 969.12 for the week.
Trading range for Jindal Steel share price for this week should be between 872.43 on down side and 988.53 on up side.
Jindal Steel Previous Week High: 949.7
Jindal Steel Previous Week Low: 911
Jindal Steel Previous Week Range: 38.7 Points
Jindal Steel share price support and resistance for the week (May 13, 2024 – May 17, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 988.53 |
| Resistance 2 | 969.12 |
| Resistance 1 | 949.83 |
| Support 1 | 911.13 |
| Support 2 | 891.72 |
| Support 3 | 872.43 |
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