JSWSTEEL Outlook for the Week (December 23, 2024 – December 27, 2024)
JSW Steel closed the previous week on a negative note losing -8.63%.
Technically, JSW Steel share price will see immediate support at 884.17 and immediate resistance would be seen at 978.42.
If JSW Steel share price closes below immediate support of 884.17, then sharp breakdown can be seen. JSW Steel share price will see major support at 850.98 for the week.
On the positive side, immediate resistance will be seen at 978.42. Closing above 978.42, JSW Steel share price will see a sharp breakout. Major resistance for JSW Steel share price will be seen at 1,039.48 for the week.
Trading range for JSW Steel share price for this week should be between 789.92 on down side and 1,072.67 on up side.
JSW Steel Previous Week Open: 1004
JSW Steel Previous Week High: 1006.3
JSW Steel Previous Week Low: 912.05
JSW Steel Previous Week Close: 917.35
JSW Steel Previous Week Range: 94.25 Points
JSW Steel share price support and resistance for the week (December 23, 2024 - December 27, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 1,072.67 |
| Resistance 2 | 1,039.48 |
| Resistance 1 | 978.42 |
| Support 1 | 884.17 |
| Support 2 | 850.98 |
| Support 3 | 789.92 |
