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2026-01-13 10:34:24 am | Source: Religare Broking Ltd
Stock of the day : JSW Steel Ltd by Target Rs. 1265 - Religare Broking Ltd
Stock of the day : JSW Steel Ltd by Target Rs. 1265 - Religare Broking Ltd

JSW Steel Ltd

Buy JSW Steel Ltd CMP 1182.70 Range 1180-1184 SL 1140 Target 1265

* JSW Steel is exhibiting a constructive bullish setup, with prices rebounding decisively from short to medium term moving averages, signaling renewed accumulation.

* The formation of higher lows confirms improving price structure, while rising volumes validate the recent breakout.

* The overall trend remains favorable for further upside, with corrective declines expected to attract buying interest.

* Based on the current positive environment, investors can initiate and hold long positions in the near term.

 

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