JSWSTEEL Outlook for the Week (December 16, 2024 – December 20, 2024)
JSW Steel closed flat on Weekly basis.
Technically, JSW Steel share price will see immediate support at 971.87 and immediate resistance would be seen at 1,025.62.
If JSW Steel share price closes below immediate support of 971.87, then sharp breakdown can be seen. JSW Steel share price will see major support at 939.93 for the week.
On the positive side, immediate resistance will be seen at 1,025.62. Closing above 1,025.62, JSW Steel share price will see a sharp breakout. Major resistance for JSW Steel share price will be seen at 1,047.43 for the week.
Trading range for JSW Steel share price for this week should be between 918.12 on down side and 1,079.37 on up side.
JSW Steel Previous Week Open: 965.9
JSW Steel Previous Week High: 1015.5
JSW Steel Previous Week Low: 961.75
JSW Steel Previous Week Close: 1003.8
JSW Steel Previous Week Range: 53.75 Points
JSW Steel share price support and resistance for the week (December 16, 2024 - December 20, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 1,079.37 |
| Resistance 2 | 1,047.43 |
| Resistance 1 | 1,025.62 |
| Support 1 | 971.87 |
| Support 2 | 939.93 |
| Support 3 | 918.12 |
