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Technicals for JSW Steel Limited
By MusingTheNews
2025-09-05 20:34
Overall Technical outlook
Price Summary
JSW Steel Limited's stock opened at 1069.0 on 2025-09-05, surged to 1076.6, dropped to 1063.0, and ended 0.38% higher at 1073.1, with 748904 shares traded. In the last 52 weeks, the stock's top price was 1082.6 and the bottom price was 883.75. The projected price range for JSW Steel Limited is between 770.0 and 1270.0, with an expected mean price of 1055.7059, according to 34 analysts.
Technicals
Support and Resistance: The price of 1073.1 is supported at 1044.2 and faces resistance at 1082.6. This range suggests key levels for JSWSTEEL where the price may stabilize, with 1044.2 acting as a support and 1082.6 as a cap on gains. Support/Resistance for JSWSTEEL
Aroon: The current state of the AROON is neutral for JSWSTEEL, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Aroon chart for JSW Steel Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Bolinger Bands chart for JSW Steel Limited
Parabolic SAR: The PSAR remains bullish in its outlook, reinforcing a key support level that could help sustain the market's upward movement for JSWSTEEL. This support suggests that the bullish momentum is likely to persist, offering a foundation for further growth. Parabolic Stop and Reverse chart for JSW Steel Limited
Stochastic: The current reading of the STOCHASTIC is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Stochastic chart for JSW Steel Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are currently aligned in a bearish pattern, indicating a downtrend. However, the slopes of the 20 and 50 SMAs are showing signs of wavering, suggesting that the bearish momentum for JSWSTEEL may be fading. This could signal a potential shift towards bullish price action, as the market's downward trajectory begins to lose strength and prepares for a possible reversal. Tripple SMA chart for JSW Steel Limited
To properly assess the technical data of a company, it's important to first look at its fundamentals, such as its earnings, growth potential, and management effectiveness. Equally, understanding the industry trends, competition, and external economic factors that influence the company is vital. This holistic view helps draw meaningful conclusions about the company's technical performance, allowing investors to better gauge its stock price behavior, volatility, and market trends.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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