JSW Steel Limited
Long

JSWSTEEL 1 Day Time Frame

166
📌 Daily Pivot Reference
Pivot (Daily): ~ ₹1,184 – ₹1,185 (central reference point)

📈 Resistance Levels (Upside)
1. R1: ~₹1,199 – ₹1,200 (first resistance)
2. R2: ~₹1,216 – ₹1,217 (second resistance)
3. R3: ~₹1,230 – ₹1,231 (third resistance / extended resistance)

📉 Support Levels (Downside)
1. S1: ~₹1,167 – ₹1,168 (first support)
2. S2: ~₹1,153 – ₹1,155 (second support)
3. S3: ~₹1,135 – ₹1,136 (third support)

📊 How to interpret on a 1D chart

A break above ₹1,200–₹1,216 with strong volume may open room for testing ₹1,230+ short-term.

On the downside, a slip below ₹1,167 could accelerate to ₹1,153 and then ₹1,135.

The pivot around ₹1,184–₹1,185 acts as a baseline: closes above suggest bullish bias intraday; closes below suggest bearish bias.

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