Jsw Steel Share Price Today on : Jsw Steel share are down by -1.93%, Nifty down by -0.78%

Jsw Steel Share Price Today on : At 29 Oct 11:04 today, Jsw Steel shares are trading at price ₹ 948.5, -1.93% down from the previous closing price.

Sensex is trading at ₹ 79528.33, down by -0.6%.



The stock has hit a high of ₹ 972.95 and a low of ₹ 948.5 during the day.

On the technical front, the stock is trading above the 100,300 days SMA & lower than the 5,10,20,50 day SMA. The stock will have support at 100,300 days SMA & face resistance at 5,10,20,50 days SMA The SMA values for the stock are given below : The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹ 990.33, ₹ 1013.

12, & ₹ 1053.78, whereas it has key support levels at ₹ 926.88, ₹ 886.

22, & ₹ 863.43. Till 11 AM today, the volume traded on NSE & BSE for Jsw Steel was -16.

32% lower than the previous trading session. Volume traded is an important indicator along with price to study trends. Positive price movement with higher volume suggests a sustainable upmove, and negative price movement with higher volume might be an indication of further decline in prices.

Overall, as per Mint technical analysis, Following a strong uptrend, the stock is indicating signs of a reversal.. From a fundamental analysis perspective, the company has a ROE of 12.

29% .The current P/E of the stock is at 47.32 & P/B is at 2.

96. The median 1-year forecasted upside in this share is at 2.58% with a target price of ₹ 973.

00. The company has a 0.00% promoter holding, 6.

91% MF holding, & 10.65% FII holding as per filings in the september quarter. The MF holding has increased from 6.

86% in june to 6.91% in the september quarter. The FII holding has increased from 10.

51% in june to 10.65% in the september quarter. Jsw Steel share price down -1.

93% today to trade at ₹ 948.5 while its peers are mixed. Its peers such as Tata Steel, Jindal Steel & Power, Jindal Stainless are falling today, but its peers Lloyds Metals & Energy are on the rise.

Overall, benchmark indices Nifty & Sensex are down -0.78% & -0.6% each respectively.

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