JSWSTEEL 1 Day Time Frame

23
🔍 Key Levels

Support zone: ~ ₹1,175–₹1,158 (some analyses list support at ~₹1,175, ~₹1,168, ~₹1,158)
Immediate resistance zone: ~ ₹1,192–₹1,209 (resistance at ~₹1,192, ~₹1,202, ~₹1,209)
Pivot point (daily-style): ~ ₹1,070.90 (from one pivot table)

📌 My commentary

The chart suggests if the price falls below ~₹1,175–₹1,158, further downside risk may increase in the short term.

On the upside, a breakout above ~₹1,200–₹1,209 could signal upside momentum building.

Because the pivot (~₹1,070) is significantly lower than current prices in many analyses, it may be less relevant for very short-term trades but still a longer-term structural reference.

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