2025-08-19 11:40:57 am | Source: Religare Broking Ltd
Stock of the day : JSW Steel Ltd by Target Rs. 1145 - Religare Broking Ltd
Buy JSW Steel Ltd CMP 1079.80 Range 1075-1080 SL 1045 Target 1145
* JSWSTEEL experienced a breakout accompanied by increased volume following a prolonged consolidation phase.
* The stock achieved a new all-time high, exhibiting a consistent higher high and higher low pattern, indicating a sustained primary uptrend.
* It is firmly supported above key moving averages, including the 21, 50 and 100 day Exponential Moving Averages (DEMA).
* Investors are advised to consider initiating long positions at suggested entry levels.
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