JSWSTEEL Outlook for the Week (November 18, 2024 – November 22, 2024)
JSW Steel closed the previous week on a negative note losing -4.95%.
Technically, JSW Steel share price will see immediate support at 912.92 and immediate resistance would be seen at 980.32.
If JSW Steel share price closes below immediate support of 912.92, then sharp breakdown can be seen. JSW Steel share price will see major support at 886.78 for the week.
On the positive side, immediate resistance will be seen at 980.32. Closing above 980.32, JSW Steel share price will see a sharp breakout. Major resistance for JSW Steel share price will be seen at 1,021.58 for the week.
Trading range for JSW Steel share price for this week should be between 845.52 on down side and 1,047.72 on up side.
JSW Steel Previous Week Open: 988
JSW Steel Previous Week High: 995.45
JSW Steel Previous Week Low: 928.05
JSW Steel Previous Week Close: 939.05
JSW Steel Previous Week Range: 67.4 Points
JSW Steel share price support and resistance for the week (November 18, 2024 - November 22, 2024)
Level Type | Value |
---|---|
Resistance 3 | 1,047.72 |
Resistance 2 | 1,021.58 |
Resistance 1 | 980.32 |
Support 1 | 912.92 |
Support 2 | 886.78 |
Support 3 | 845.52 |