Amazing breakout on WEEKLY Timeframe - JINDALSTELCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the break
Next report date
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Report period
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EPS estimate
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Revenue estimate
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27.85 INR
28.12 B INR
497.65 B INR
377.02 M
About JINDAL STEEL & POWER LTD
Sector
Industry
CEO
Sabyasachi Bandyopadhyay
Website
Headquarters
New Delhi
Founded
1979
ISIN
INE749A01030
FIGI
BBG000C7MVT6
Jindal Steel & Power Ltd. engages in the manufacturing of Iron & steel products and generation of power. It operates through the following business segment: Iron and Steel Products, Power, and Others. The Iron and steel Products segment consists of manufacturing of Steel products, sponge iron, pellets, and castings. The Power segment involves in the business of power generation. The Others segment focuses mainly on aviation, machinery division, and real estate. The company was founded by Om Parkash Jindal on September 28, 1979 and is headquartered in New Delhi, India.
JINDALSTEEL: Classic Breakout & Retest Setup!1. Price is rejecting from the 17years ath level acting as very strong support.
2. EMAs are also supporting the strength.
3. Overall RRR looks decent enough.
⚠️ Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. Please, do your due
Analysis on Jindal Steel & Power Ltd (JINDALSTEL)
As per technical analysis, Jindal Steel & Power Ltd (JSPL) appears to have completed its Wave 4 in the Elliott Wave pattern. The next phase in the cycle, Wave 5, could potentially indicate an upward movement. However, it is important to note that market conditions can change rapidly, and technical
JINDALStel Uptrend Movement expected upto 870SYMBOL JINDALSTEEL
TIMEFRAME 15 min
ANalysis: Uptrend movement upto 870
Breakout from the ascending wedge.RSI is above 60
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JINDAL STEEL looking good for LongsJINDAL STEEL looking bullish, Trendline break and retest and candle closed above resistance level (Seems to be W pattern as well), May enter around 1038 for the target around 1400, stoploss should be around 868.
Note :- Above view is for Educational purpose only, please do your own analysis before
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Summarizing what the indicators are suggesting.
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An aggregate view of professional's ratings.
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Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of JINDALSTEL is 962.20 INR — it has decreased by −0.77% in the past 24 hours. Watch JINDAL STEEL & POWER LTD. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on BSE exchange JINDAL STEEL & POWER LTD. stocks are traded under the ticker JINDALSTEL.
JINDALSTEL stock has risen by 1.81% compared to the previous week, the month change is a 4.37% rise, over the last year JINDAL STEEL & POWER LTD. has showed a −11.24% decrease.
We've gathered analysts' opinions on JINDAL STEEL & POWER LTD. future price: according to them, JINDALSTEL price has a max estimate of 1,193.00 INR and a min estimate of 485.00 INR. Watch JINDALSTEL chart and read a more detailed JINDAL STEEL & POWER LTD. stock forecast: see what analysts think of JINDAL STEEL & POWER LTD. and suggest that you do with its stocks.
JINDALSTEL reached its all-time high on Jun 21, 2024 with the price of 1,097.10 INR, and its all-time low was 11.60 INR and was reached on Jul 9, 2004. View more price dynamics on JINDALSTEL chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
JINDALSTEL stock is 1.88% volatile and has beta coefficient of 1.41. Track JINDAL STEEL & POWER LTD. stock price on the chart and check out the list of the most volatile stocks — is JINDAL STEEL & POWER LTD. there?
Today JINDAL STEEL & POWER LTD. has the market capitalization of 987.04 B, it has increased by 3.52% over the last week.
Yes, you can track JINDAL STEEL & POWER LTD. financials in yearly and quarterly reports right on TradingView.
JINDAL STEEL & POWER LTD. is going to release the next earnings report on Jul 23, 2025. Keep track of upcoming events with our Earnings Calendar.
JINDALSTEL earnings for the last quarter are 8.85 INR per share, whereas the estimation was 9.64 INR resulting in a −8.18% surprise. The estimated earnings for the next quarter are 15.92 INR per share. See more details about JINDAL STEEL & POWER LTD. earnings.
JINDALSTEL net income for the last quarter is −3.39 B INR, while the quarter before that showed 9.50 B INR of net income which accounts for −135.71% change. Track more JINDAL STEEL & POWER LTD. financial stats to get the full picture.
Yes, JINDALSTEL dividends are paid annually. The last dividend per share was 2.00 INR. As of today, Dividend Yield (TTM)% is 0.21%. Tracking JINDAL STEEL & POWER LTD. dividends might help you take more informed decisions.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. JINDAL STEEL & POWER LTD. EBITDA is 93.83 B INR, and current EBITDA margin is 18.85%. See more stats in JINDAL STEEL & POWER LTD. financial statements.
Like other stocks, JINDALSTEL shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade JINDAL STEEL & POWER LTD. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So JINDAL STEEL & POWER LTD. technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating JINDAL STEEL & POWER LTD. stock shows the strong buy signal. See more of JINDAL STEEL & POWER LTD. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.