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JINDALSTEL Outlook for the Week (February 03, 2025 – February 07, 2025)

Jindal Steel & Power closed the previous week on a negative note losing -11.44%.

Technically, Jindal Steel & Power share price will see immediate support at 707.60 and immediate resistance would be seen at 860.85.

If Jindal Steel & Power share price closes below immediate support of 707.60, then sharp breakdown can be seen. Jindal Steel & Power share price will see major support at 638.85 for the week.

1000.001000.00950.00950.00900.00900.00850.00850.00800.00800.00750.00750.00700.00700.002024-12-232024-12-232024-12-272024-12-272025-01-012025-01-012025-01-062025-01-062025-01-092025-01-092025-01-142025-01-142025-01-172025-01-172025-01-222025-01-222025-01-272025-01-272025-01-302025-01-302025-02-032025-02-03Reversal Level 738BullishBearishBullishBearish

On the positive side, immediate resistance will be seen at 860.85. Closing above 860.85, Jindal Steel & Power share price will see a sharp breakout. Major resistance for Jindal Steel & Power share price will be seen at 945.35 for the week.

Trading range for Jindal Steel & Power share price for this week should be between 554.35 on down side and 1,014.10 on up side.

Jindal Steel & Power Previous Week Open: 876.6

Jindal Steel & Power Previous Week High: 876.6

Jindal Steel & Power Previous Week Low: 723.35

Jindal Steel & Power Previous Week Close: 776.35

Jindal Steel & Power Previous Week Range: 153.25 Points

Jindal Steel & Power share price support and resistance for the week (February 03, 2025 - February 07, 2025)

Level Type Value
Resistance 31,014.10
Resistance 2945.35
Resistance 1860.85
Support 1707.60
Support 2638.85
Support 3554.35

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