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By EquityPandit

JSWSTEELMARKET OUTLOOKSTOCK OUTLOOK

Jsw Steel Outlook for the Week (August 21, 2023 – August 25, 2023)

Jsw Steel
Jsw Steel
Jsw Steel closed the previous week on a negative note losing 3.89%.

Technically, Jsw Steel share price will see immediate support at 775.27 and immediate resistance would be seen at 806.97.

If Jsw Steel share price closes below immediate support of 775.27, then sharp breakdown can be seen. Jsw Steel share price will see major support at 763.43 for the week.

840.00840.00830.00830.00820.00820.00810.00810.00800.00800.00790.00790.00780.00780.00770.00770.00Jul 7Jul 7Jul 12Jul 12Jul 17Jul 17Jul 20Jul 20Jul 25Jul 25Jul 28Jul 28Aug 2Aug 2Aug 7Aug 7Aug 10Aug 10Aug 16Aug 16Reversal Level 805.47BuyBuySellSellSell

On the positive side, immediate resistance will be seen at 806.97. Closing above 806.97, Jsw Steel share price will see a sharp breakout. Major resistance for Jsw Steel share price will be seen at 826.83 for the week.

Trading range for Jsw Steel share price for this week should be between 743.57 on down side and 838.67 on up side.

Jsw Steel Previous Week High: 815

Jsw Steel Previous Week Low: 783.3

Jsw Steel Previous Week Range: 31.7 Points

Jsw Steel share price support and resistance for the week (August 21, 2023 – August 25, 2023)

Level Type Value
Resistance 3 838.67
Resistance 2 826.83
Resistance 1 806.97
Support 1 775.27
Support 2 763.43
Support 3 743.57

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