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JSWSTEEL Outlook for the Week (May 04, 2026 – May 08, 2026)
JSW Steel closed the previous week on a negative note losing -0.67%.
Technically, JSW Steel share price will see immediate support at 1,241.00 and immediate resistance would be seen at 1,297.40.
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If JSW Steel share price closes below immediate support of 1,241.00, then sharp breakdown can be seen. JSW Steel share price will see major support at 1,217.50 for the week.
On the positive side, immediate resistance will be seen at 1,297.40. Closing above 1,297.40, JSW Steel share price will see a sharp breakout. Major resistance for JSW Steel share price will be seen at 1,330.30 for the week.
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Trading range for JSW Steel share price for this week should be between 1,184.60 on down side and 1,353.80 on up side.
JSW Steel Previous Week Open: 1273
JSW Steel Previous Week High: 1306.8
JSW Steel Previous Week Low: 1250.4
JSW Steel Previous Week Close: 1264.5
JSW Steel Previous Week Range: 56.4 Points
JSW Steel share price support and resistance for the week (May 04, 2026 - May 08, 2026)
| Level Type | Value |
|---|---|
| Resistance 3 | 1,353.80 |
| Resistance 2 | 1,330.30 |
| Resistance 1 | 1,297.40 |
| Support 1 | 1,241.00 |
| Support 2 | 1,217.50 |
| Support 3 | 1,184.60 |