JSL - IntraDay Trade Analysis with Live Signals

Last Updated Time : 19 Sept 25, 2:16 pm

IntraDay Trade Rating: 3.9

📊 JSL Intraday Trading Analysis

🔍 Technical & Momentum Overview

RSI (54.3): Neutral to slightly bullish — suggests potential for upward movement but not strongly overbought.

MACD (7.31): Positive — indicates bullish momentum, though not sharply accelerating.

Volume (4.1L vs Avg 5.08L): Slightly below average — moderate participation, not ideal for high-volatility trades.

Price vs DMA: Trading above both 50 DMA (₹732) and 200 DMA (₹684), confirming short-term and medium-term strength.

💡 Trade Setup

Optimal Buy Price: ₹758–₹760 (near VWAP and minor support zone)

Profit Targets

Target 1: ₹770 (minor resistance)

Target 2: ₹778–₹782 (recent swing high zone)

Stop Loss: ₹752 (below VWAP and intraday support)

🕒 Exit Strategy for Current Holders

Exit on Weakness

RSI dips below 52 and MACD histogram starts contracting.

Price breaks below ₹752 with volume spike — signals bearish reversal.

Exit on Strength

Price sustains above ₹770 with volume >5.5L and RSI >58.

Look for bullish continuation patterns like breakout candles or consolidation flags on 5-min chart.

⚠️ Verdict

JSL is a reasonably strong intraday candidate today. While momentum is not explosive, technicals are supportive and price action is stable above key moving averages. Best suited for disciplined scalping or breakout trades with tight stop-loss control.

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