JSWSTEEL - IntraDay Trade Analysis with Live Signals

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

IntraDay Trade Rating: 4.3

📈 JSWSTEEL Intraday Trading Analysis

🔍 Technical & Momentum Overview

RSI (69.5): Approaching overbought zone — strong momentum, but watch for reversal signals.

MACD (17.4): Bullish — confirms upward momentum.

Volume (8.6L vs Avg 10.4L): Slightly below average, but still healthy for intraday setups.

Price vs DMA: Trading well above both 50 DMA (₹1,063) and 200 DMA (₹1,010), indicating strong short-term and medium-term trend.

💡 Trade Setup

Optimal Buy Price: ₹1,115–₹1,118 (near VWAP and minor support zone)

Profit Targets

Target 1: ₹1,130 (psychological resistance)

Target 2: ₹1,145 (recent swing high zone)

Stop Loss: ₹1,108 (below VWAP and intraday support)

🕒 Exit Strategy for Current Holders

Exit on Weakness

RSI dips below 67 and MACD histogram starts contracting.

Price breaks below ₹1,108 with volume spike — signals bearish reversal.

Exit on Strength

Price sustains above ₹1,130 with volume >11L and RSI >72.

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

⚠️ Verdict

JSWSTEEL is a strong intraday candidate today, backed by bullish momentum, solid price action, and favorable technical structure. Ideal for breakout or momentum trades with disciplined stop-loss management.

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