JSW Steel Share Price Target 2023: Technical Analysis
JSW Steel share price chart looks good. Currently share is trading around 761 level.
JSW Steel chart analysis
Jsw Steel share on weekly chart making a w pattern, and and currently share is trading at 761 level who is a strong resistance level, however stock has already tested this level 3 times and this is the 4th time, if the share breaks this level then we can expect a good move in JswSteel share.
The level of 695 is a temporary support zone for the share.
JSW Steel Share Price Target
| Jsw Steel Share Price Target 2023 |
| First Target | ₹840 |
| Second Target | ₹860 |
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JSW Steel share for long term prospective
In Short term prospective we can see some upside in the share, but in long term perspective JSW Steel share is in a sideways zone, because from last 18 months the share has not crossed its 52 week high level. But at this level we could be little bit positive on the stock for long term prospective.
Disclaimer: These targets are given by our own analysis, before buying or investing in this share please take advice from your financial advisor.
Nirmal is a NISM Certified Derivative Trader & the Founder of InvestandEarn.net (Financial Blog). He entered the world of Equity research to explore his interests in financial markets having 5+ Years of Experience in Share Market Trading & Investing. Nirmal frequently writes about Share Market Trading & Investment and publishes his personal view on the market. Drop him a mail at nirmal.jaysval@investandearn.net.
