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By EquityPandit

JSWSTEELMARKET OUTLOOKSTOCK OUTLOOK

Jsw Steel Outlook for the Week (March 04, 2024 – March 08, 2024)

Jsw Steel
Jsw Steel
Jsw Steel closed the previous week on a negative note losing 5.92%.

Technically, Jsw Steel share price will see immediate support at 804.23 and immediate resistance would be seen at 853.93.

If Jsw Steel share price closes below immediate support of 804.23, then sharp breakdown can be seen. Jsw Steel share price will see major support at 772.27 for the week.

850.00850.00840.00840.00830.00830.00820.00820.00810.00810.00800.00800.00790.00790.00780.00780.00Jan 19Jan 19Jan 24Jan 24Jan 30Jan 30Feb 2Feb 2Feb 7Feb 7Feb 12Feb 12Feb 15Feb 15Feb 20Feb 20Feb 23Feb 23Feb 28Feb 28Reversal Level 800.58BuyBuyBuySellSell

On the positive side, immediate resistance will be seen at 853.93. Closing above 853.93, Jsw Steel share price will see a sharp breakout. Major resistance for Jsw Steel share price will be seen at 871.67 for the week.

Trading range for Jsw Steel share price for this week should be between 754.53 on down side and 903.63 on up side.

Jsw Steel Previous Week High: 839.7

Jsw Steel Previous Week Low: 790

Jsw Steel Previous Week Range: 49.7 Points

Jsw Steel share price support and resistance for the week (March 04, 2024 – March 08, 2024)

Level Type Value
Resistance 3 903.63
Resistance 2 871.67
Resistance 1 853.93
Support 1 804.23
Support 2 772.27
Support 3 754.53
.d-none{display:none};
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{"buy_point":[{"en_ltd":"2024-03-01","en_sup_p_91":"817.06","en_sup_t_91":"800.58","prev_close":"800.10","en_close":"836.20","new_date":"Mar 1","prev_close_no":800},{"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":"2024-02-26","en_sup_p_91":"816.21","en_sup_t_91":"835.94","prev_close":"821.00","en_close":"808.75","new_date":"Feb 26","prev_close_no":821},{"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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