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JINDALSTELMARKET OUTLOOKSTOCK OUTLOOK

Jindal Steel Outlook for the Week (September 18, 2023 – September 22, 2023)

Jindal Steel
Jindal Steel
Jindal Steel closed the previous week on a negative note losing 5.92%.

Technically, Jindal Steel share price will see immediate support at 686.70 and immediate resistance would be seen at 729.50.

If Jindal Steel share price closes below immediate support of 686.70, then sharp breakdown can be seen. Jindal Steel share price will see major support at 661.95 for the week.

On the positive side, immediate resistance will be seen at 729.50. Closing above 729.50, Jindal Steel share price will see a sharp breakout. Major resistance for Jindal Steel share price will be seen at 747.55 for the week.

Trading range for Jindal Steel share price for this week should be between 643.90 on down side and 772.30 on up side.

Jindal Steel Previous Week High: 722.8

Jindal Steel Previous Week Low: 680

Jindal Steel Previous Week Range: 42.8 Points

Jindal Steel share price support and resistance for the week (September 18, 2023 – September 22, 2023)

Level Type Value
Resistance 3 772.30
Resistance 2 747.55
Resistance 1 729.50
Support 1 686.70
Support 2 661.95
Support 3 643.90

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