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By EquityPandit

JSWSTEELMARKET OUTLOOKSTOCK OUTLOOK

Jsw Steel Outlook for the Week (February 26, 2024 – March 01, 2024)

Jsw Steel
Jsw Steel
Jsw Steel closed the previous week on a negative note losing 4.49%.

Technically, Jsw Steel share price will see immediate support at 805.20 and immediate resistance would be seen at 843.40.

If Jsw Steel share price closes below immediate support of 805.20, then sharp breakdown can be seen. Jsw Steel share price will see major support at 789.40 for the week.

850.00850.00840.00840.00830.00830.00820.00820.00810.00810.00800.00800.00790.00790.00780.00780.00Jan 12Jan 12Jan 17Jan 17Jan 20Jan 20Jan 25Jan 25Jan 31Jan 31Feb 5Feb 5Feb 8Feb 8Feb 13Feb 13Feb 16Feb 16Feb 21Feb 21Reversal Level 816.21BuyBuySell

On the positive side, immediate resistance will be seen at 843.40. Closing above 843.40, Jsw Steel share price will see a sharp breakout. Major resistance for Jsw Steel share price will be seen at 865.80 for the week.

Trading range for Jsw Steel share price for this week should be between 767.00 on down side and 881.60 on up side.

Jsw Steel Previous Week High: 850

Jsw Steel Previous Week Low: 811.8

Jsw Steel Previous Week Range: 38.2 Points

Jsw Steel share price support and resistance for the week (February 26, 2024 – March 01, 2024)

Level Type Value
Resistance 3 881.60
Resistance 2 865.80
Resistance 1 843.40
Support 1 805.20
Support 2 789.40
Support 3 767.00
.d-none{display:none};
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{"buy_point":[{"en_ltd":"2024-02-21","en_sup_p_91":"823.93","en_sup_t_91":"816.21","prev_close":"821.20","en_close":"828.25","new_date":"Feb 21","prev_close_no":821},{"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}]}

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