JINDALSTEL - IntraDay Trade Analysis with Live Signals

Last Updated Time : 19 Sept 25, 2:16 pm

IntraDay Trade Rating: 4.0

📈 JINDALSTEL Intraday Trading Analysis

🔍 Technical & Momentum Overview

RSI (60.8): Bullish zone — indicates strength but not yet overbought.

MACD (17.2): Positive and rising — confirms upward momentum.

Volume (7.16L vs Avg 7.72L): Slightly below average — moderate participation, but not a red flag.

Price vs DMA: Trading well above both 50 DMA (₹996) and 200 DMA (₹944), reinforcing bullish sentiment.

💡 Trade Setup

Optimal Buy Price: ₹1,042–₹1,045 (near VWAP and minor support zone)

Profit Targets

Target 1: ₹1,058 (minor resistance)

Target 2: ₹1,068–₹1,070 (recent swing high)

Stop Loss: ₹1,035 (below VWAP and intraday support)

🕒 Exit Strategy for Current Holders

Exit on Weakness

RSI drops below 58 and MACD histogram starts contracting.

Price breaks below ₹1,035 with volume surge — signals bearish reversal.

Exit on Strength

Price sustains above ₹1,058 with volume >8L and RSI >64.

Look for bullish continuation patterns like breakout candles or consolidation flags on 5-min chart.

⚠️ Verdict

JINDALSTEL is a strong intraday candidate today, supported by bullish momentum, solid price action, and favorable technical structure. Ideal for breakout or momentum trades with disciplined stop-loss management.

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