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By EquityPandit

JSWSTEELMARKET OUTLOOKSTOCK OUTLOOK

Jsw Steel Outlook for the Week (March 11, 2024 – March 15, 2024)

Jsw Steel
Jsw Steel
Jsw Steel closed the previous week on a negative note losing 5.31%.

Technically, Jsw Steel share price will see immediate support at 805.03 and immediate resistance would be seen at 849.93.

If Jsw Steel share price closes below immediate support of 805.03, then sharp breakdown can be seen. Jsw Steel share price will see major support at 780.07 for the week.

850.00850.00840.00840.00830.00830.00820.00820.00810.00810.00800.00800.00790.00790.00Jan 29Jan 29Feb 1Feb 1Feb 6Feb 6Feb 9Feb 9Feb 14Feb 14Feb 19Feb 19Feb 22Feb 22Feb 27Feb 27Mar 1Mar 1Mar 5Mar 5Reversal Level 832.26BuyBuyBuySellSellSell

On the positive side, immediate resistance will be seen at 849.93. Closing above 849.93, Jsw Steel share price will see a sharp breakout. Major resistance for Jsw Steel share price will be seen at 869.87 for the week.

Trading range for Jsw Steel share price for this week should be between 760.13 on down side and 894.83 on up side.

Jsw Steel Previous Week High: 844.9

Jsw Steel Previous Week Low: 800

Jsw Steel Previous Week Range: 44.9 Points

Jsw Steel share price support and resistance for the week (March 11, 2024 – March 15, 2024)

Level Type Value
Resistance 3 894.83
Resistance 2 869.87
Resistance 1 849.93
Support 1 805.03
Support 2 780.07
Support 3 760.13
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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":"2024-03-05","en_sup_p_91":"820.29","en_sup_t_91":"839.31","prev_close":"824.30","en_close":"819.30","new_date":"Mar 5","prev_close_no":824},{"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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