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JINDALSTELMARKET OUTLOOKSTOCK OUTLOOK

Jindal Steel Outlook for the Week (May 27, 2024 – May 31, 2024)

Jindal Steel
Jindal Steel
Jindal Steel closed the previous week on a negative note losing 6.63%.

Technically, Jindal Steel share price will see immediate support at 1,026.82 and immediate resistance would be seen at 1,098.77.

If Jindal Steel share price closes below immediate support of 1,026.82, then sharp breakdown can be seen. Jindal Steel share price will see major support at 984.43 for the week.

On the positive side, immediate resistance will be seen at 1,098.77. Closing above 1,098.77, Jindal Steel share price will see a sharp breakout. Major resistance for Jindal Steel share price will be seen at 1,128.33 for the week.

Trading range for Jindal Steel share price for this week should be between 954.87 on down side and 1,170.72 on up side.

Jindal Steel Previous Week High: 1085.95

Jindal Steel Previous Week Low: 1014

Jindal Steel Previous Week Range: 71.95 Points

Jindal Steel share price support and resistance for the week (May 27, 2024 – May 31, 2024)

Level Type Value
Resistance 3 1,170.72
Resistance 2 1,128.33
Resistance 1 1,098.77
Support 1 1,026.82
Support 2 984.43
Support 3 954.87
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{"buy_point":[],"sell_point":[]}

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