JSWSTEEL - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.0
| Stock Code | JSWSTEEL | Market Cap | 2,85,768 Cr. | Current Price | 1,170 ₹ | High / Low | 1,285 ₹ |
| Stock P/E | 39.6 | Book Value | 341 ₹ | Dividend Yield | 0.24 % | ROCE | 10.2 % |
| ROE | 8.89 % | Face Value | 1.00 ₹ | DMA 50 | 1,198 ₹ | DMA 200 | 1,132 ₹ |
| Chg in FII Hold | -0.18 % | Chg in DII Hold | 0.19 % | PAT Qtr | 979 Cr. | PAT Prev Qtr | 1,493 Cr. |
| RSI | 45.4 | MACD | -19.4 | Volume | 36,69,483 | Avg Vol 1Wk | 23,33,984 |
| Low price | 905 ₹ | High price | 1,285 ₹ | PEG Ratio | -1.51 | Debt to equity | 0.84 |
| 52w Index | 69.7 % | Qtr Profit Var | -28.4 % | EPS | 26.5 ₹ | Industry PE | 20.2 |
📊 JSWSTEEL shows weak-to-neutral technicals for intraday trading. RSI at 45.4 indicates neutral momentum, while MACD at -19.4 suggests bearish sentiment. Current price (1,170 ₹) is below the 50 DMA (1,198 ₹) but slightly above the 200 DMA (1,132 ₹), reflecting mixed signals. Volume is significantly higher than the 1-week average, suggesting strong participation and possible volatility.
💡 Optimal Buy Price: 1,160–1,175 ₹ (near support)
🎯 Profit Exit Levels: 1,200 ₹ (first target), 1,225 ₹ (second target)
🛡️ Stop-Loss: 1,150 ₹ (below intraday support)
⏳ If already holding: Exit near 1,200–1,225 ₹ if momentum slows. If price breaks below 1,150 ₹ with strong volume, exit immediately to protect capital.
✅ Positive
- EPS at 26.5 ₹ supports valuation strength
- Strong 52-week performance (69.7%)
- Price trading near 200 DMA support
- DII holding increased (+0.19%)
⚠️ Limitation
- Price below 50 DMA (1,198 ₹), showing short-term weakness
- High P/E ratio (39.6) compared to industry average
- PEG ratio of -1.51 indicates poor growth valuation
- Debt-to-equity ratio of 0.84 adds financial risk
📰 Company Negative News
- Quarterly PAT declined from 1,493 Cr. to 979 Cr.
- Quarterly profit variance of -28.4% shows declining performance
- FII holding decreased (-0.18%)
🌟 Company Positive News
- DII investors increasing stake (+0.19%)
- Strong 52-week index performance (69.7%)
- Price supported by 200 DMA
🏭 Industry
- Industry PE at 20.2 vs JSWSTEEL’s 39.6 (stock appears overvalued compared to peers)
- Steel sector benefits from infrastructure demand but faces margin pressures
📌 Conclusion
JSWSTEEL shows strong participation and near-term support but remains technically weak with declining profits and high valuations. Traders should be cautious, buying near support and booking profits quickly at resistance levels. Long-term investors may wait for earnings stability, as intraday opportunities are limited by weak fundamentals despite strong volume activity.