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2025-10-29 11:03:25 am | Source: Religare Broking Ltd
Stock of the day : JSW Steel Ltd by Target Rs. 1260 - Religare Broking Ltd
Stock of the day : JSW Steel Ltd by Target Rs. 1260 - Religare Broking Ltd

JSW Steel Ltd

Buy JSW Steel Ltd CMP 1184.20 Range 1180-1185 SL 1140 Target 1260

* JSWSTEEL has registered a decisive breakout from its consolidation phase, supported by increased trading volumes, affirming bullish market sentiment.

* The stock maintains a robust upward structure, forming higher highs and higher lows within a rising channel on the weekly timeframe.

* Price action remains firmly above key moving averages, signaling sustained momentum and strong demand.

* Traders may consider initiating long positions within the current range to capitalize on the prevailing positive trend and potential for continued upside.

 

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