Now, it is starting the next leg of a rally where Rs 210 is an immediate multi-month resistance level. We are expecting a move towards the Rs 230 level if the stock manages to close above Rs 210. On the downside, Rs 175 is major support for any correction.
Technical Stock Pick: JSW Steel finds support above neckline of 2-year consolidation; should you buy?
Short-term traders can look to buy JSW Steel stock now for a possible target of Rs 860-880 in the next 1-2 months, suggest experts.