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Technicals for JSW Steel Limited
By MusingTheNews
2025-06-13 20:41
Overall Technical outlook
Price Summary
On 2025-06-13, JSW Steel Limited's stock opened at 984.7, peaked at 994.05, hit a low of 981.35, and closed 0.26% up at 987.25, with 1044402 shares changing hands. Over the past 52 weeks, the stock reached a maximum price of 1063.2 and a minimum price of 863.8. The future price of JSWSTEEL is anticipated to range from 740.0 to 1270.0, with an expected mean price of 1030.9706, according to the recommendations of 34 analysts.
Technicals
Support and Resistance: At 987.25, the price for JSWSTEEL is supported at 980.75 and resisted at 1010.4. This indicates a trading range where 980.75 serves as a support level, potentially preventing further decline, while 1010.4 could limit upward movement. Support/Resistance for JSWSTEEL
Aroon: The AROON is currently in a neutral position for JSW Steel Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Aroon chart for JSW Steel Limited
Bol. Bands: The BOLL BANDS is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Bolinger Bands chart for JSW Steel Limited
Parabolic SAR: The PSAR remains in a bearish mode, setting a strong resistance level that could impede any upward trends. This resistance indicates that the market may struggle to break higher, reflecting ongoing bearish sentiment for JSWSTEEL. Parabolic Stop and Reverse chart for JSW Steel Limited
Stochastic: The current state of the STOCHASTIC is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Stochastic chart for JSW Steel Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, not indicating a clear upward or downward trend for JSW Steel Limited. This suggests a period of market balance, where neither side is showing dominance. Tripple SMA chart for JSW Steel Limited
The technical analysis of a company's stock performance is valuable, but only when considered in conjunction with the company's fundamentals. These fundamentals, including financial strength, earnings growth, and leadership, provide a foundation for understanding market movements. Additionally, industry trends and competitive pressures play an important role. By integrating both fundamental and technical analysis, one can better evaluate the company's true potential and make more informed investment decisions.
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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