JSWHL - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Technical Rating: 2.6

Here’s a detailed technical breakdown of JSW Holdings Ltd (JSWHL) and its short-term outlook

📊 Trend Analysis

Current Trend: Reversal with weak momentum

Price Action: Trading below 50 DMA (₹22,062) and above 200 DMA (₹18,774) — signals indecision and possible trend exhaustion.

52W Index (68.3%): Price has retraced significantly from its 52-week high (₹27,760), suggesting a reversal phase.

📈 Momentum Indicators

RSI (38.1): Bearish zone — indicates oversold conditions but no clear reversal yet.

MACD (-250): Deep negative — confirms strong bearish momentum.

Volume: Extremely low (469 vs avg 588) — suggests lack of participation and weak conviction.

📉 Volatility & Bands

Bollinger Bands: Price likely near lower band — oversold territory, but no breakout signal.

Beta (0.7): Very low volatility — price moves are muted, limiting upside potential.

📌 Support & Resistance Zones

Level Price (₹)

Immediate Support 20,800 (recent low)

Strong Support 19,500 (trendline base)

Resistance 1 22,062 (50 DMA)

Resistance 2 23,000 (minor supply zone)

Resistance 3 24,500 (swing high)

🎯 Entry & Exit Zones

Optimal Entry: ₹19,500–₹20,800 (if price stabilizes and RSI improves)

Exit / Profit Booking: ₹23,000–₹24,500 (if bounce occurs toward resistance)

🔍 Short-Term Signals

Momentum: Weak — RSI and MACD both suggest caution.

Trendline: Price has broken below short-term support — confirms reversal.

Consolidation: Not evident — price is declining with low volume, not stabilizing.

If you’d like, I can track this for a potential recovery setup or compare it with other holding companies in the same sector

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trendlyne.com

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in.tradingview.com

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