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JSWSTEELMARKET OUTLOOKSTOCK OUTLOOK

Jsw Steel Outlook for the Week (May 20, 2024 – May 24, 2024)

Jsw Steel
Jsw Steel
Jsw Steel closed the previous week on a negative note losing 9.28%.

Technically, Jsw Steel share price will see immediate support at 853.32 and immediate resistance would be seen at 938.27.

If Jsw Steel share price closes below immediate support of 853.32, then sharp breakdown can be seen. Jsw Steel share price will see major support at 799.18 for the week.

On the positive side, immediate resistance will be seen at 938.27. Closing above 938.27, Jsw Steel share price will see a sharp breakout. Major resistance for Jsw Steel share price will be seen at 969.08 for the week.

Trading range for Jsw Steel share price for this week should be between 768.37 on down side and 1,023.22 on up side.

Jsw Steel Previous Week High: 914.95

Jsw Steel Previous Week Low: 830

Jsw Steel Previous Week Range: 84.95 Points

Jsw Steel share price support and resistance for the week (May 20, 2024 – May 24, 2024)

Level Type Value
Resistance 3 1,023.22
Resistance 2 969.08
Resistance 1 938.27
Support 1 853.32
Support 2 799.18
Support 3 768.37
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{"buy_point":[{"en_ltd":"2024-05-14","en_sup_p_91":"871.06","en_sup_t_91":"847.32","prev_close":"860.60","en_close":"881.50","new_date":"May 14","prev_close_no":860},{"en_ltd":"2024-04-24","en_sup_p_91":"871.43","en_sup_t_91":"844.71","prev_close":"851.35","en_close":"882.70","new_date":"Apr 24","prev_close_no":851}],"sell_point":[{"en_ltd":"2024-05-03","en_sup_p_91":"874.20","en_sup_t_91":"909.22","prev_close":"890.35","en_close":"874.20","new_date":"May 3","prev_close_no":890},{"en_ltd":"2024-04-15","en_sup_p_91":"861.02","en_sup_t_91":"888.54","prev_close":"866.45","en_close":"860.45","new_date":"Apr 15","prev_close_no":866}]}

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