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By EquityPandit

JSWSTEELMARKET OUTLOOKSTOCK OUTLOOK

Jsw Steel Outlook for the Week (February 12, 2024 – February 16, 2024)

Jsw Steel
Jsw Steel
Jsw Steel closed the previous week on a negative note losing 5.04%.

Technically, Jsw Steel share price will see immediate support at 793.83 and immediate resistance would be seen at 836.28.

If Jsw Steel share price closes below immediate support of 793.83, then sharp breakdown can be seen. Jsw Steel share price will see major support at 775.92 for the week.

900.00900.00880.00880.00860.00860.00840.00840.00820.00820.00800.00800.00780.00780.00Dec 29Dec 29Jan 3Jan 3Jan 8Jan 8Jan 11Jan 11Jan 16Jan 16Jan 19Jan 19Jan 24Jan 24Jan 30Jan 30Feb 2Feb 2Feb 7Feb 7Reversal Level 834.15BuySellSell

On the positive side, immediate resistance will be seen at 836.28. Closing above 836.28, Jsw Steel share price will see a sharp breakout. Major resistance for Jsw Steel share price will be seen at 860.82 for the week.

Trading range for Jsw Steel share price for this week should be between 751.38 on down side and 878.73 on up side.

Jsw Steel Previous Week High: 842.9

Jsw Steel Previous Week Low: 800.45

Jsw Steel Previous Week Range: 42.45 Points

Jsw Steel share price support and resistance for the week (February 12, 2024 – February 16, 2024)

Level Type Value
Resistance 3 878.73
Resistance 2 860.82
Resistance 1 836.28
Support 1 793.83
Support 2 775.92
Support 3 751.38
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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}],"sell_point":[{"en_ltd":"2024-02-09","en_sup_p_91":"812.22","en_sup_t_91":"834.15","prev_close":"822.10","en_close":"811.75","new_date":"Feb 9","prev_close_no":822},{"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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