JSW Steel – Daily Analysis
Technical View
On the daily chart, JSW Steel opened at ₹1060, touched a low of ₹1052.20, made a high of ₹1084.00, and closed strongly at ₹1079.80. The stock shows strong bullish momentum with price trading above short-term and medium-term moving averages. RSI is around 64, indicating strength but not yet in overbought territory. MACD has turned positive, supporting bullish momentum. Immediate support is at 1050–1040, while resistance is placed at 1100–1115. Sustaining above 1080 could open the path for 1125–1150 levels in the short term.
Fundamental View
Business Strength: JSW Steel is one of India’s largest steel producers with a diversified product mix (flat & long steel products).
Financials: Stable revenue growth, though margins remain cyclical with raw material price fluctuations (iron ore & coking coal).
Debt & Capex: High capex in capacity expansion, but strong cash flows support balance sheet stability.
Valuation: Currently trading at fair-to-slight premium valuation compared to peers, backed by demand visibility.
Micro Factors
Domestic demand improving in infrastructure, auto, and construction sectors.
Government’s push on affordable housing, railways, and road infra boosting steel consumption.
Auto industry revival → positive for flat steel demand.
Macro Factors
Global steel prices are firming up due to China’s production cuts and strong demand in the US & Europe.
Commodity cycle revival is favorable for steel players in the near term.
Any sharp rise in coking coal & iron ore costs may impact margins.
Rupee fluctuations against USD also affect import/export costs.
Upcoming Events & Impact
Union Government’s Infra Spending Plans (Highways, Smart Cities, Renewable Projects): Positive for steel demand.
JSW Steel’s Ongoing Capacity Expansion (Dolvi & Vijayanagar projects): Will enhance future earnings visibility.
Global trade policies: Anti-dumping duties or export restrictions can affect exports.
Quarterly Results: Any improvement in EBITDA margins & demand outlook can further fuel upside.
Disclaimer
This analysis is for educational purposes only and should not be taken as investment advice. Stock market investments are subject to risks.
Disclosure
We do not hold any position (directly or indirectly) in JSW Steel Ltd. This report is unbiased and based on publicly available information.
For More Info:
Visit Us- www.investogainerresearch.com
Call Us- 9009099805, 9098804206
Email Us- info@investogainerresearch.comDaily Analysis on JSWSTEEL on 18082025Daily Analysis on JSWSTEEL on 18082025