Two major stocks from the Jindal Group—Jindal Stainless Ltd and Jindal Steel & Power Ltd have shown promising bullish signals in today’s session, supported by strong technical indicators and increasing investor interest.

Jindal Stainless Ltd. (CMP: ₹700, Stop Loss: ₹640) climbed 3% today after successfully holding its support at ₹670 and breaking out of a consolidation base. The stock is signaling renewed strength as a MACD crossover appears imminent, potentially confirming the breakout. Furthermore, the RSI has crossed above the 50 level, pointing toward growing momentum.

Another notable technical development is the anticipated golden crossover of the 10 and 21-day moving averages, typically a bullish confirmation for sustained upward trends.

Source: NSE

Jindal Stainless is one of India’s key players in the manufacturing of stainless steel flat products, offering a wide range of grades including Austenitic, Ferritic, Martensitic, and Duplex.

Jindal Steel & Power Ltd.(CMP: ₹959, Stop Loss: ₹880) is forming a classic cup and handle pattern, a bullish continuation setup often signaling the resumption of an uptrend. Supporting this formation is a golden crossover between the 10 and 21-day moving averages, highlighting the strength of the move.

Recent volume accumulation also suggests rising investor interest. In addition, technical indicators such as MACD and RSI are in bullish territory, reinforcing confidence in the pattern’s reliability.

Source: NSE

Jindal Steel & Power Ltd is a prominent integrated steel and power company in India, with a diversified presence in mining and infrastructure across multiple countries, including Australia, South Africa, Mozambique, and more.

With multiple bullish signals aligning, both Jindal Stainless and Jindal Steel & Power are stocks to watch closely. As they approach potential breakout points, continued momentum and broader market sentiment will determine whether these setups can convert into sustained rallies.

Note: Charts and prices are as of 12 PM.

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