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By EquityPandit

JSWSTEELMARKET OUTLOOKSTOCK OUTLOOK

Jsw Steel Outlook for the Week (December 11, 2023 – December 15, 2023)

Jsw Steel
Jsw Steel
Jsw Steel closed the previous week on a negative note losing 4.82%.

Technically, Jsw Steel share price will see immediate support at 816.65 and immediate resistance would be seen at 857.75.

If Jsw Steel share price closes below immediate support of 816.65, then sharp breakdown can be seen. Jsw Steel share price will see major support at 793.95 for the week.

860.00860.00840.00840.00820.00820.00800.00800.00780.00780.00760.00760.00740.00740.00720.00720.00Oct 27Oct 27Nov 1Nov 1Nov 6Nov 6Nov 9Nov 9Nov 13Nov 13Nov 17Nov 17Nov 22Nov 22Nov 28Nov 28Dec 1Dec 1Dec 6Dec 6Reversal Level 821.98BuyBuySell

On the positive side, immediate resistance will be seen at 857.75. Closing above 857.75, Jsw Steel share price will see a sharp breakout. Major resistance for Jsw Steel share price will be seen at 876.15 for the week.

Trading range for Jsw Steel share price for this week should be between 775.55 on down side and 898.85 on up side.

Jsw Steel Previous Week High: 853.45

Jsw Steel Previous Week Low: 812.35

Jsw Steel Previous Week Range: 41.1 Points

Jsw Steel share price support and resistance for the week (December 11, 2023 – December 15, 2023)

Level Type Value
Resistance 3 898.85
Resistance 2 876.15
Resistance 1 857.75
Support 1 816.65
Support 2 793.95
Support 3 775.55
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{"buy_point":[{"en_ltd":"2023-11-24","en_sup_p_91":"779.09","en_sup_t_91":"768.73","prev_close":"775.55","en_close":"782.05","new_date":"Nov 24","prev_close_no":775},{"en_ltd":"2023-11-03","en_sup_p_91":"744.60","en_sup_t_91":"726.63","prev_close":"733.35","en_close":"746.05","new_date":"Nov 3","prev_close_no":733}],"sell_point":[{"en_ltd":"2023-11-20","en_sup_p_91":"761.98","en_sup_t_91":"779.09","prev_close":"768.80","en_close":"761.85","new_date":"Nov 20","prev_close_no":768}]}

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