JSWSTEEL 1D Time frame

🔍 Current Price

Trading around ₹1,119 – ₹1,120

⚙️ Key Levels (Daily)

Immediate Resistance 1: ₹1,125 – ₹1,130

Next Resistance 2: ₹1,133

Immediate Support 1: ₹1,116 – ₹1,117

Support 2: ₹1,110 – ₹1,113

Deeper Support (Positional): ₹1,072

🧮 Base Strategy Application

Long Setup:

Entry: Near current levels (~₹1,120) if it holds above ₹1,116

Stop Loss: Below ₹1,110

Targets: ₹1,125 – ₹1,130 (short-term), then ₹1,133

Short Setup (Reversal):

If rejection happens near ₹1,125 – ₹1,130 zone

Target: ₹1,116 first, then ₹1,110

Breakout Setup:

If price breaks and sustains above ₹1,133 with volume

Potential for further upside beyond recent highs