In this article, We will analyse JSW Steel stock to build profitable portfolio. JSW Steel trading in the range of 600 Level. JSW Steel is a good stock for investment considering long term. We expect JSW Steel share price target 2022 at around 800+ levels.
JSW Steel is the one of the biggest steel producer in India. Also, JSW Steel is top exporter of steel to United States, U.A.E, and China.
EPS
JSW STEEL earning per share is 24.53
VWAP
JSW STEEL VWAP level is 749.31 based on the closing price. This is on hourly chart
SUPERTREND
The Super trend is levelling at 737 on the basis of 10 by 2 multiplier settings.
BOLLINGER BANDS
JSW STEEL upper bollinger bonds Level is 759 and lower level is 737. The mean level is 748.
SUPPORT AND RESISTANCE
1st Support Level 743.70 and Second Support level is 725.75. First Resistance level is 775.10 and second resistance level is 788.55
52 WEEK HIGH AND 52 WEEK LOW
JSW STEEL 52 week high is 776.50 and 52 week low is 257.55 .
RSI
JSW STEEL RSI is trading at 46 Level.
Open Interest
JSW Steel Stock current Open Interest is 47.3m.
Accumulation/Distribution
JSW Steel is presently in the Distribution phase.
Futures Rollover
JSW Steel as of now current future rollover is 0.4552.
Latest Update
The total percentage of JSW Paints shares to be bought by the Company across all tranches of the Strategic Investment will be determined using the valuation to be completed at the appropriate time, in line with the Companies Act, 2013, and by one of the big four accounting firms.
Currently JSW Steel is in the process of bidding for stake in Steel plants of Sanjeev Gupta.
Since Covid 2nd Wave, JSW Steel has been donating additional liquid oxygen supply from their own plant to help oxygen crisis.
JSW Steel also supplies Coal Tar to Epsilon, which is an essential element for electric vehicle batteries.
JSW Group and Salesforce Expand Collaboration to Launch Aikyam to maximum, and digitalize the sales processes.
Average Compounding Interest
The quarterly average compounding interest is 0.6. We estimate that JSW Steel share price target 2022 at 800+ level as long as Metals stock rally.
JSW Steel FAQ:
Is JSW Steel a good buy
Yes, JSW Steel is a good stock for long term investment in the metal sector.
Is JSW Steel in nifty 50
Yes, JSW Steel is a part of Nifty 50 Index
Why JSW Steel Is falling or falls heavily sometimes
JSW Steel fall when there is change in commodity prices, and significant change in the government policies.
Can we buy JSW Steel share
Yes, you can trade JSW Steel share in Indian stock exchanges BSE, and NSE.
Will JSW Steel go up
The price steel sector stocks depends on the several parameters. Usually, price will go high when Metal sector is trading at high price.
Will JSW Steel share price increase
JSW Steel is major metal sector stock. The best time to buy JSW steel is, when metal sector is also trading at higher levels
JSW Steel forecast
For detailed forecast report, please contact contact@reseachtech.net
How to get JSW Steel dealership
You can contact regional managers in your respective regions.
What Is JSW Steel full form
Jindal South West
What Is rate of JSW Steel
As of 7th December 2021, JSW steel is trading at Rs661.50 .
What Is future of JSW Steel
It is estimated above Rs700 but due to recent pandemic situation, the price fluctuation occurring daily basis. Hence it is best to view monthly technical chart to get the support and resistance levels.
Who owns JSW Steel
Jindal group
JSW Steel expected result
You can check results on NSE India website
https://www1.nseindia.com/live_market/dynaContent/live_watch/get_quote/GetQuote.jsp?symbol=JSWSTEEL
Where Is JSW Steel plant
JSW Steel has Steel plant/facilities in India at various locations.
When Will JSW Steel share rise
JSW Steel is a metal stock. Metal stock are highly dependent on prices of commodities, and government policy.
