Is JSW STEEL in uptrend or downtrend?

In the short term price movements in JSWSTEEL share indicates the market is rangebound and indecisive, playing ping pong between levels.

What is JSW STEEL share price forecast for tomorrow?

In JSW Steel Limited stock current resistance level is at 1237 and support level is at 1163. Though market is closer to support level there are good chances till these ranges are broken, market would stay Sideways.

What are JSW STEEL support and resistance levels?

The resistance level is an area where sellers get activated. It varies by the time frame of the analysis. For JSW Steel Limited in the short-term, the supply zone around 1237 and 1240. Hence, good chances of resistance around 1240. The support level is an area where buyers get activated at an attractive price zone to buy. It's a price zone where buyers wait for the market to reach to trigger their buy orders. The demand zone for JSW Steel Limited share is around 1163 and 1160. Hence, good chances for support around 1160.

Why is JSW STEEL share price falling today?

Perhaps JSWSTEEL stock is just having volatility. It can be viewed as an opportunity, unless overall long term trend and mid term trend is Bearish.

JSW STEEL Share Price | Forecast Analysis

Analyzing Market Data

Analyzing Market Data