Is JINDAL STEEL & POWER in uptrend or downtrend?

In the short term price movements in JINDALSTEL share indicates the market has a decisive bullish trend.

What is JINDAL STEEL & POWER share price forecast for tomorrow?

In Jindal Steel Limited stock current resistance level is at 1216 and support level is at 1166. Though market is closer to resistance level there are good chances till these ranges are broken, market would stay Bullish.

What are JINDAL STEEL & POWER support and resistance levels?

The resistance level is an area where sellers get activated. It varies by the time frame of the analysis. For Jindal Steel Limited in the short-term, the supply zone around 1216 and 1220. Hence, good chances of resistance around 1220. The support level is an area where buyers get activated at an attractive price zone to buy. It's a price zone where buyers wait for the market to reach to trigger their buy orders. The demand zone for Jindal Steel Limited share is around 1166 and 1170. Hence, good chances for support around 1170.

Why is JINDAL STEEL & POWER share price falling today?

Perhaps JINDALSTEL stock is just having volatility. It can be viewed as an opportunity, unless overall long term trend and mid term trend is Bearish.

JINDAL STEEL & POWER Share Price | Forecast Analysis

Analyzing Market Data

Analyzing Market Data