JSW Steel Limited
Long

JSWSTEEL - Intraday Setup

93
๐Ÿ“ˆ JSW STEEL LTD | Bullish Momentum + 52-Week Breakout ๐Ÿš€
๐Ÿ”น Entry Zone: โ‚น1,175 โ€“ โ‚น1,180
๐Ÿ”น Stop Loss: โ‚น1,141 (Risk ~โ‚น34)
๐Ÿ”น Supports: 1,154 / 1,134 / 1,122
๐Ÿ”น Resistances: 1,187 / 1,199 / 1,220

๐Ÿ”‘ Key Highlights
โœ… Strong Bullish Candle โ€” Open equals Low, confirming buyer dominance
โœ… 52-Week Breakout Zone โ€” Fresh upside strength visible
โœ… Bullish VWAP Alignment โ€” institutional accumulation signals continuation
โœ… BB Squeeze-Off โ†’ Breakout Momentum Expected

๐ŸŽฏ STWP Trade View
๐Ÿ“Š Price has broken through a major resistance zone with above-average volume, indicating renewed momentum and a shift toward strength.
A sustained close above โ‚น1,187 could accelerate upside towards โ‚น1,199โ€“โ‚น1,220 levels in the short term.
โš ๏ธ Supports at โ‚น1,154 and โ‚น1,134 are crucial for swing structure and position protection.

๐Ÿ’ก Learning Note
This setup illustrates the power of multi-signal confluence โ€” when a 52-week breakout, strong bullish candle, and VWAP alignment occur together with volume confirmation, it reflects institutional intent and offers a high-confidence swing opportunity.


โš ๏ธ Disclosure & Disclaimer โ€“ Please Read Carefully
The information shared here is meant purely for learning and awareness.
It is not a buy or sell recommendation and should not be taken as investment advice.
I am not a SEBI-registered investment adviser, and all views expressed are based on personal study, chart patterns, and publicly available market data.
Position Status: No active position in JSWSTEEL at the time of analysis.
Data Source: TradingView & NSE India (Past Chart Reference) (Historical levels)
Trading โ€” whether in stocks or options โ€” carries risk. Markets can move unexpectedly, and losses can sometimes exceed the capital you have invested.
Past performance or setups do not guarantee future results.
If you are a beginner, treat this as a learning example and practice with paper trades before risking real money.
If you are experienced, always assess your own risk, position sizing, and strategy suitability before entering trades.
Consult a SEBI-registered financial adviser before making any real trading decision.
By engaging with this content, you acknowledge full responsibility for your trades and investments.
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