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By EquityPandit

JSWSTEELMARKET OUTLOOKSTOCK OUTLOOK

Jsw Steel Outlook for the Week (October 30, 2023 – November 03, 2023)

Jsw Steel
Jsw Steel
Jsw Steel closed the previous week on a negative note losing 6.40%.

Technically, Jsw Steel share price will see immediate support at 713.23 and immediate resistance would be seen at 762.78.

If Jsw Steel share price closes below immediate support of 713.23, then sharp breakdown can be seen. Jsw Steel share price will see major support at 694.47 for the week.

830.00830.00820.00820.00810.00810.00800.00800.00790.00790.00780.00780.00770.00770.00760.00760.00750.00750.00740.00740.00730.00730.00720.00720.00Sep 13Sep 13Sep 18Sep 18Sep 22Sep 22Sep 27Sep 27Oct 3Oct 3Oct 6Oct 6Oct 11Oct 11Oct 16Oct 16Oct 19Oct 19Oct 25Oct 25Reversal Level 747.20BuySellSell

On the positive side, immediate resistance will be seen at 762.78. Closing above 762.78, Jsw Steel share price will see a sharp breakout. Major resistance for Jsw Steel share price will be seen at 793.57 for the week.

Trading range for Jsw Steel share price for this week should be between 663.68 on down side and 812.33 on up side.

Jsw Steel Previous Week High: 774.8

Jsw Steel Previous Week Low: 725.25

Jsw Steel Previous Week Range: 49.55 Points

Jsw Steel share price support and resistance for the week (October 30, 2023 – November 03, 2023)

Level Type Value
Resistance 3 812.33
Resistance 2 793.57
Resistance 1 762.78
Support 1 713.23
Support 2 694.47
Support 3 663.68
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{"buy_point":[{"en_ltd":"2023-10-10","en_sup_p_91":"770.09","en_sup_t_91":"750.70","prev_close":"757.55","en_close":"771.90","new_date":"Oct 10","prev_close_no":757}],"sell_point":[{"en_ltd":"2023-10-20","en_sup_p_91":"778.09","en_sup_t_91":"785.95","prev_close":"780.45","en_close":"769.40","new_date":"Oct 20","prev_close_no":780},{"en_ltd":"2023-09-18","en_sup_p_91":"808.93","en_sup_t_91":"826.51","prev_close":"812.85","en_close":"808.80","new_date":"Sep 18","prev_close_no":812}]}

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