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By EquityPandit

JSWSTEELMARKET OUTLOOKSTOCK OUTLOOK

Jsw Steel Outlook for the Week (February 05, 2024 – February 09, 2024)

Jsw Steel
Jsw Steel
Jsw Steel closed the previous week on a negative note losing 3.53%.

Technically, Jsw Steel share price will see immediate support at 805.98 and immediate resistance would be seen at 835.23.

If Jsw Steel share price closes below immediate support of 805.98, then sharp breakdown can be seen. Jsw Steel share price will see major support at 788.42 for the week.

900.00900.00880.00880.00860.00860.00840.00840.00820.00820.00800.00800.00780.00780.00Dec 21Dec 21Dec 27Dec 27Jan 1Jan 1Jan 4Jan 4Jan 9Jan 9Jan 12Jan 12Jan 17Jan 17Jan 20Jan 20Jan 25Jan 25Jan 31Jan 31Reversal Level 795.08BuyBuySell

On the positive side, immediate resistance will be seen at 835.23. Closing above 835.23, Jsw Steel share price will see a sharp breakout. Major resistance for Jsw Steel share price will be seen at 846.92 for the week.

Trading range for Jsw Steel share price for this week should be between 776.73 on down side and 864.48 on up side.

Jsw Steel Previous Week High: 829.35

Jsw Steel Previous Week Low: 800.1

Jsw Steel Previous Week Range: 29.25 Points

Jsw Steel share price support and resistance for the week (February 05, 2024 – February 09, 2024)

Level Type Value
Resistance 3 864.48
Resistance 2 846.92
Resistance 1 835.23
Support 1 805.98
Support 2 788.42
Support 3 776.73
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{"buy_point":[{"en_ltd":"2024-02-02","en_sup_p_91":"819.08","en_sup_t_91":"795.08","prev_close":"801.70","en_close":"823.55","new_date":"Feb 2","prev_close_no":801},{"en_ltd":"2023-12-22","en_sup_p_91":"853.58","en_sup_t_91":"831.07","prev_close":"841.90","en_close":"855.30","new_date":"Dec 22","prev_close_no":841}],"sell_point":[{"en_ltd":"2024-01-03","en_sup_p_91":"864.91","en_sup_t_91":"873.68","prev_close":"870.20","en_close":"837.65","new_date":"Jan 3","prev_close_no":870}]}

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