Jindal Saw Ltd (JINDALSAW) Stock Analysis
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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What's up - wa.me/9355550303?text=Hii
Contact - +91 93555 50303
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.