GlobalTradeHub | Jindal Saw Ltd (JINDALSAW) Stock Analysis
Fundamental Analysis:
Jindal Saw, a leading manufacturer of pipes and tubes for oil, gas, and water infrastructure, benefits from strong domestic and export demand. Steady order inflows and government infrastructure spending support revenue growth. Risks include raw material price volatility and global economic slowdowns.
Technical Analysis:
The stock is testing resistance near ₹500. A breakout could push it toward ₹530. Strong support lies at ₹460, with further downside risk if breached. RSI around 61 indicates bullish momentum but not overbought yet.
Key Levels:
- Resistance: ₹500 / ₹530
- Support: ₹460 / ₹430
Conclusion:
Jindal Saw is well-positioned for growth with strong sector demand. A breakout above ₹500 could drive further upside, while dips to support levels may offer buying opportunities. 🔩📈
Fundamental Analysis:
Jindal Saw, a leading manufacturer of pipes and tubes for oil, gas, and water infrastructure, benefits from strong domestic and export demand. Steady order inflows and government infrastructure spending support revenue growth. Risks include raw material price volatility and global economic slowdowns.
Technical Analysis:
The stock is testing resistance near ₹500. A breakout could push it toward ₹530. Strong support lies at ₹460, with further downside risk if breached. RSI around 61 indicates bullish momentum but not overbought yet.
Key Levels:
- Resistance: ₹500 / ₹530
- Support: ₹460 / ₹430
Conclusion:
Jindal Saw is well-positioned for growth with strong sector demand. A breakout above ₹500 could drive further upside, while dips to support levels may offer buying opportunities. 🔩📈
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Hello Traders, Get Premium Membership for Trades
Follow Us for Daily Updates --
What's up - wa.me/9355550303?text=Hii
Contact - +91 93555 50303
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Follow Us for Daily Updates --
What's up - wa.me/9355550303?text=Hii
Contact - +91 93555 50303
Email - Gloabltradehub@gmail.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.