JSL - Stock to be in RADARThe price has been consolidating since April 2024, forming a wedge pattern.We can enter this stock on breakout for short term gain.
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29.80 INR
27.13 B INR
384.53 B INR
275.70 M
About JINDAL STAINLESS LTD
Sector
Industry
CEO
Tarun Kumar Khulbe
Website
Headquarters
New Delhi
Founded
1970
ISIN
INE220G01021
FIGI
BBG000C86T44
Jindal Stainless Ltd. operates as a holding company, which engages in the provision of stainless-steel flat products. Its products include ferro alloys, stainless steel slabs, hot rolled coils, plates and sheets, and cold rolled coils and sheets. The company was founded in 1970 by Om Prakash Jindal and is headquartered in New Delhi, India.
Jindal Stainless Ltd forming a inverse H&S pattern.Jindal Stainless Ltd forming a inverse H&S pattern and ready to breakout after some days,keep on watch.
#JSL (Weekly)⚡️Low Debt
⚡️5Y Profit Growth of 79% CAGR
⚡️Promoters & FIIs increased stake
⚡️21 WEMA acting as support
⚡️Retracement till Fibo 0.618 level
🔵 CMP 764
Jsl and eleconjsl from metal sector
can follow both stocks,,
both can do well if breaks small base of flag
JswBased on price moving and Ema
positions Up move possibility is higher
This is only for educational purposes.
JSL Breaks Out of Consolidation – Bullish Momentum Building
The stock has broken out of an ascending triangle pattern, indicating strong bullish momentum.
The RSI has broken out and is currently at 70.45, suggesting strong bullish momentum but nearing overbought conditions.
The MACD shows a bullish crossover with a strong upward move in the histogram, in
Jindal Stailness steel Analyasis on 17 Jun 24Jindal Stailness steel Analyasis on 17 Jun 24
Good fundamentaly strong stock
ROCE is 19.9 & ROE is 22.7
stock is all time high
add some quantity now buy on dip till 770 to 800
Keep stoploss 670 (on closing basis)
Target 830 - 860 - 900 - 950 - 1000 - 1080
(all target are based on fibonacci level)
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that
Jsw1.Moving averages
- 21 Ema above 50
-50 Ema above 200
-Gap between Ema seems better
2.uptrend continues observed
3.Good pivot levels
See all ideas
An aggregate view of professional's ratings.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of JSL is 686.05 INR — it has decreased by −0.81% in the past 24 hours. Watch JINDAL STAINLESS LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange JINDAL STAINLESS LTD stocks are traded under the ticker JSL.
JSL stock has fallen by −3.01% compared to the previous week, the month change is a −8.14% fall, over the last year JINDAL STAINLESS LTD has showed a 34.27% increase.
We've gathered analysts' opinions on JINDAL STAINLESS LTD future price: according to them, JSL price has a max estimate of 1,000.00 INR and a min estimate of 756.00 INR. Watch JSL chart and read a more detailed JINDAL STAINLESS LTD stock forecast: see what analysts think of JINDAL STAINLESS LTD and suggest that you do with its stocks.
JSL stock is 2.71% volatile and has beta coefficient of 1.22. Track JINDAL STAINLESS LTD stock price on the chart and check out the list of the most volatile stocks — is JINDAL STAINLESS LTD there?
Today JINDAL STAINLESS LTD has the market capitalization of 567.55 B, it has decreased by −2.68% over the last week.
Yes, you can track JINDAL STAINLESS LTD financials in yearly and quarterly reports right on TradingView.
JINDAL STAINLESS LTD is going to release the next earnings report on Feb 14, 2025. Keep track of upcoming events with our Earnings Calendar.
JSL net income for the last quarter is 6.11 B INR, while the quarter before that showed 6.48 B INR of net income which accounts for −5.67% change. Track more JINDAL STAINLESS LTD financial stats to get the full picture.
JINDAL STAINLESS LTD dividend yield was 0.43% in 2023, and payout ratio reached 9.10%. The year before the numbers were 0.52% and 5.84% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Nov 19, 2024, the company has 5.29 K employees. See our rating of the largest employees — is JINDAL STAINLESS LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. JINDAL STAINLESS LTD EBITDA is 46.80 B INR, and current EBITDA margin is 11.47%. See more stats in JINDAL STAINLESS LTD financial statements.
Like other stocks, JSL 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 STAINLESS 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 STAINLESS LTD technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating JINDAL STAINLESS LTD stock shows the buy signal. See more of JINDAL STAINLESS 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.