JINDALSTEL· Materials› Iron & Steel

Jindal Steel Ltd

Stage 1 · Basing · week 5

As of 9 Oct 2026, Jindal Steel is in Stage 1 — basing, not yet in an uptrend, in week 5 (since 9 Sep 2026). It closed at ₹1,017, 21.1% below its 52-week high and below its 200-day average, which is rising. In Materials, 35.1% of stocks are in Stage 2.

Jindal Steel Limited operates in the steel, mining, and infrastructure sectors in India and internationally. More about the company

₹1,016.7
+0.66% today
₹1.03L Cr · Large cap
Market Neutral — FadingMaterials 35.1% in Stage 2-0.9 pts / 20dIron & Steel 32.9%-2.1 pts

Pro read

Pro

Our read

Basing — not in an uptrend yet

Setup score

—

Momentum

Steady

Edge

—

Is JINDALSTEL early, or has it already run? Pro answers that for every NSE stock, after every close.

₹2,999 · 12 months₹1,999 · 6 months
Loading price chart…
vs 52W High
-21.1%
₹986 lo₹1,288.8 hi
21.1% below 52W high — deeper pullback
Stock is basing below old highs. A volume-backed breakout to new highs would be the Stage 2 signal to watch.
Stage Maturity
Week 5
1w13w26w
Week 5 — early base, needs time
How long this stock has been basing. Longer bases can produce stronger breakouts — but don't anticipate, wait for the breakout.
vs 200 DMA
-10.6%
200 DMA: ₹1,137 · rising
Stock is testing its 200 DMA as part of the base. Reclaiming and holding above it is a key Stage 2 prerequisite.
Rel Volume
1.54x
vs 50-day avg
Volume in Stage 1 basing is typically quiet. A surge in volume on an upside breakout is the signal to watch.
Trend Health
↓
MA20 rolling over · -2.9% vs MA50 +2.5%
Two-layer momentum read: the glyph shows whether the 20-day MA is rising (↑/↗), flat (→), or rolling over (↓). The ⇈ flag fires when the 20-day MA is pulling away from the 50-day MA — short-term momentum building on top of the longer trend. Best when both glyphs agree.
1M
-10.5%
3M
-3.3%
6M
-16.2%
YTD
+0.4%
1Y
-4.5%
Sector
Materials
→ Flat
Stage 2%
35.1%
20d Δ
-0.9pp
1M return
-6.7%
3M return
-4.3%
Sector Stage-2 % · last 20 days
Sector has 158 Stage 2 leaders. See Materials Stage 2 →
Industry
Iron & Steel
↓ Peaking
Stage 2%
32.9%
20d Δ
-2.1pp
1M return
-5.7%
3M return
+0.0%
Industry Stage-2 % · last 20 days
Industry has 26 Stage 2 leaders. See Iron & Steel Stage 2 →
Stage Cycle Timeline2023-07-14 → 2026-10-09
S2 16w
S2 33w
S4 20w
S2 25w
S2 20w
2023-07-142026-10-09
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 16w → S3 7w → S2 33w → S3 9w → S2 5w → S3 4w → S4 20w → S1 9w → S2 25w → S3 8w → S2 20w → S3 4w → S4 6w → S1 4w current
Total tracked: 168 weeks across 14 stage runs.
Scan Membership
Breakout Watch
Latest: 2026-02-06
3 appearances in last 60 days. First seen: 2024-10-08.
Stocks that stay in the scan for 13+ weeks are in the highest observed-return cohort — they keep qualifying because the structure remains intact, not by luck. Persistence in the scan is itself a quality signal.
Recent Stage Timeline
2026-10-09S1
Wk 5 · Vol 1.54x
2026-10-08S1
Wk 4 · Vol 2.44x
2026-10-07S1
Wk 4 · Vol 0.99x
2026-10-06S1
Wk 4 · Vol 5.34x
2026-10-05S1
Wk 4 · Vol 0.52x
2026-10-01S1
Wk 4 · Vol 1.02x
2026-09-30S1
Wk 3 · Vol 1.85x
2026-09-29S1
Wk 3 · Vol 0.88x
2026-09-28S1
Wk 3 · Vol 0.85x
2026-09-25S1
Wk 3 · Vol 0.50x
2026-09-24S1
Wk 3 · Vol 0.69x
2026-09-23S1
Wk 2 · Vol 1.11x
Sector Peers — Stage 2All →
OCCLLTD
wk 16 · 0.0% from hi
9.4
CUBEXTUB
wk 1 · -1.3% from hi
9.4
VENUSPIPES
wk 19 · -10.6% from hi
9.0
MUKANDLTD
wk 20 · -5.3% from hi
8.9
PLASTIBLEN
wk 16 · -1.6% from hi
8.4
Moving averages & range
50 DMA
₹1,123.6
200 DMA
₹1,137
52W High
₹1,288.8
52W Low
₹986
5D Low
₹1,010
Resistance levels (recent highs)
20d High
₹1,175.3
60d High
₹1,192.9
120d High
₹1,288.8
250d High
₹1,288.8
Next resistance
+15.6%
to 20d High
Ask the Market AI about JINDALSTELAsk →
P/E (TTM)
36.8
Forward 12.7
ROE
+6.8%
Profit margin +6.3%
Dividend Yield
0.16%
P/B 2.5
About this companyMaterials· Iron & Steel

Jindal Steel Limited operates in the steel, mining, and infrastructure sectors in India and internationally. It offers rails; medium and heavy hot-rolled parallel flange beams and column sections; plates and coils; angles and channels; cold heading quality, electrode quality, and high carbon wire rods; round bars; fabricated sections; Jindal Speedfloor concrete flooring solutions; Jindal Panther TMT rebars; semi-finished products, including slabs, billets, blooms, beam blank, and rounds; and Jindal Panther cement comprising Portland slag cement, Portland composite cement, and ground-granulated blast-furnace slag, as well as rockhard plates, cathode bards, and track shoes. The company also operates and maintains a total captive power plant capacity of 1,634 megawatts. In addition, it operates coal and iron ore mines located at various locations in India, Australia, and Africa. The company was formerly known as Jindal Steel & Power Limited and changed its name to Jindal Steel Limited in July 2025. Jindal Steel Limited was incorporated in 1979 and is based in New Delhi, India.

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All analytics based on EOD data. Data as of 2026-10-09. Past data patterns are not indicative of future results. This page is a data analytics tool only.