JSW Steel technical analysis

According to the latest Pivot data, JSW Steel’s immediate technical levels for the selected time period 5 minutes indicate key support and resistance zones that traders should closely monitor. The pivot point is positioned at ₹1129.47, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹1146.94, ₹1160.17, and ₹1177.64, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹1116.24, ₹1098.77, and ₹1085.54, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in JSW Steel’s price movement.