BUY : JINDALSTEL30DEC251050CE( JINDALSTEL ) [106710]

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Jindal Steel & Power  exhibits a neutral to bearish technical stance with price near short-term MAs (MA5-20 showing sell) but holding above longer-term MAs (MA50-200 buy signals). RSI(14) at 41.6 (sell zone) alongside STOCH(26, oversold), CCI(-141 sell), and Williams %R(-88 oversold) indicate downside momentum but stretched selling conditions. Pivot support at ₹970-968 with resistance ₹978-983; break above ₹983 needed for bullish reversal, else ₹967 downside risk.
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