JSWSTEEL 1D Time frame

📊 Current Overview

Current Price: Around ₹1,122 – ₹1,123

Recently touched 52-week high levels.

Trend is overall bullish with strong momentum.

🔍 Support & Resistance

Immediate Support: ₹1,110 – ₹1,100

Next Support: ₹1,085

Immediate Resistance: ₹1,125 – ₹1,130

Next Resistance: ₹1,140+

📈 Indicators

Moving Averages (5, 10, 20, 50, 100, 200): All pointing bullish, price is trading above them.

RSI (14): Around 67, showing strong momentum but close to overbought zone.

MACD & ADX: Both suggest continuation of uptrend.

🎯 Possible Scenarios

Bullish Side: A breakout above ₹1,130 can push towards ₹1,140 – ₹1,150.

Bearish Side: If price rejects at resistance, it may pull back to ₹1,110, and deeper towards ₹1,085.