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JSWSTEELMARKET OUTLOOKSTOCK OUTLOOK

Jsw Steel Outlook for the Week (July 31, 2023 – August 04, 2023)

Jsw Steel Weekly Outlook and Analysis:

For the Week: (July 31, 2023 – August 04, 2023)

Jsw Steel closed the previous week on a negative note losing 5.07%

Technically, Jsw Steel share price will see immediate support at 780.07 and immediate resistance would be seen at 821.37

If Jsw Steel share price closes below immediate support of 780.07, then sharp breakdown can be seen. Jsw Steel share price will see major support at 755.98 for the week.

On the positive side, immediate resistance will be seen at 821.37. Closing above 821.37, Jsw Steel share price will see a sharp breakout. Major resistance for Jsw Steel share price will be seen at 838.58 for the week.

Trading range for Jsw Steel share price for this week should be between 738.77 on down side and 862.67 on up side.

Jsw Steel Previous Week High: 814.5

Jsw Steel Previous Week Low: 773.2

Jsw Steel Previous Week Range: 41.3 Points

Jsw Steel share price support and resistance for the week (July 31, 2023 – August 04, 2023)

Level Type Value
Resistance 3 862.67
Resistance 2 838.58
Resistance 1 821.37
Support 1 780.07
Support 2 755.98
Support 3 738.77

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