{"id":17962,"date":"2025-09-08T23:36:35","date_gmt":"2025-09-08T18:06:35","guid":{"rendered":"http:\/\/43.205.138.160\/?post_type=article&p=17962"},"modified":"2025-09-08T23:36:35","modified_gmt":"2025-09-08T18:06:35","slug":"jsw-steel-maintains-uptrend-breakout-signals-further-upside","status":"publish","type":"article","link":"https:\/\/signalz.pro\/article\/jsw-steel-maintains-uptrend-breakout-signals-further-upside\/","title":{"rendered":"JSW Steel Maintains Uptrend, Breakout Signals Further Upside"},"content":{"rendered":"

JSW Steel \u2013 Daily Chart Technical Analysis
\n<\/u><\/strong>JSW Steel closed strongly at \u20b91101.40<\/strong>, hitting a day\u2019s high of \u20b91112.00<\/strong> after opening and marking its low at \u20b91080.10<\/strong>, reflecting robust bullish momentum. The stock gave a clear breakout above its recent consolidation zone<\/strong>, supported by price trading well above its key 20, 50, 100, and 200-day moving averages<\/strong>, confirming an ongoing uptrend. Technical indicators also remain positive \u2014 Parabolic SAR<\/strong> is placed below price (buy signal), RSI (14) at 66<\/strong> shows bullish strength with more upside potential, and MACD<\/strong> is trending positive. Overall, as long as the stock holds above the \u20b91070\u20131080 support zone<\/strong>, it remains in a strong bullish trend with upside potential towards \u20b91135\u20131150<\/strong>, while any dip to support levels can be considered a buying opportunity with a stop-loss below \u20b91050<\/strong>.<\/p>\n

Micro & Macro View + Recent Developments<\/u><\/strong><\/p>\n

Micro (Short-Term):
\n<\/strong>The breakout signals renewed buying interest and short-term strength. Traders can look for momentum continuation while monitoring for pullbacks to the \u20b91070\u20131080 level for opportunistic entries.<\/p>\n

Macro (Medium to Long-Term):
\n<\/strong>India\u2019s steel demand shows resilience, with expectations of double-digit growth in H2 FY26<\/strong>, driven by infrastructure expansion and GST tailwinds.
\nMorgan Stanley has upgraded JSW Steel to \u201cOverweight\u201d<\/strong>, citing expanding steel spreads, robust domestic demand, and benefits from China’s supply controls.
\nIndia\u2019s steelmakers are a standout amid global stagnation, with output rising 33% between 2019\u201324, underscoring strong fundamentals.
\nJSW Steel production surged 17% YoY in August<\/strong>, demonstrating operational strength.<\/p>\n

Headwinds & Catalysts:
\n<\/strong>The government is considering a sevenfold increase in the import quota for met coke<\/strong> amid supply challenges, which could alleviate input constraints for Indian steelmakers.
\nA government push toward green steel incentives<\/strong> and investments could strengthen long-term sustainability and policy support.
\nInvestment flows continue to rise, with JSW Steel exploring expansion plans, including a potential tie-up for a mega steel plant in Odisha, enhancing future capacity visibility.<\/p>\n

Disclaimer
\n<\/strong>This analysis is prepared for educational purposes only and should not be considered as investment advice or a recommendation to buy\/sell any stock. Investments in the stock market are subject to risks. Please consult a SEBI-registered financial advisor before making any investment decisions.<\/p>\n

Disclosure
\n<\/strong>Investogainer Research is a SEBI Registered Research Analyst (Reg. No. INH000012856) and is listed with BSE (Code: 5845).<\/p>\n

Neither the analyst nor their family members hold any financial interest or beneficial ownership in NBCC at the time of writing this report.
\nPositive Cues Drive JSW Steel Higher on 08-09-2025<\/a><\/p>\n","protected":false},"template":"","article-category":[35],"article-tags":[400,130,163,112,183,121,133,169,128,155],"class_list":["post-17962","article","type-article","status-publish","hentry","article-category-learn","article-tags-technicalanalysis","article-tags-expert-analysis","article-tags-financialeducation","article-tags-financialplanning","article-tags-investingtips","article-tags-investment-opportunities","article-tags-investment-strategies","article-tags-investmentstrategy","article-tags-sebi-registered-analysts","article-tags-wealthbuilding"],"acf":[],"_links":{"self":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article\/17962","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article"}],"about":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/types\/article"}],"wp:attachment":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/media?parent=17962"}],"wp:term":[{"taxonomy":"article-category","embeddable":true,"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article-category?post=17962"},{"taxonomy":"article-tags","embeddable":true,"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article-tags?post=17962"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}