JSW Steel Limited

JSW Steel is near its Support Level

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This is Daily chart of JSWSTEEL.

The stock is trading within an Ascending Channel.

It is currently near the lower support zone of the channel, which lies in the ₹920–₹945 range.

Simultaneously, a Symmetrical Triangle pattern is forming with a consolidation range between ₹930–₹950.

The stock is currently taking dynamic support from two EMAs: the first EMA is providing support near ₹245, while the second EMA is acting as a deeper support around ₹230. Both EMAs are helping maintain the stock’s bullish structure."


If this level is sustain , we may see higher prices in the stock.

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