JSW Steel Ltd

Stage 2 · Advancing · week 5Setup 3.5 WatchWeak -4.8

As of 9 Oct 2026, JSW Steel is in Stage 2 — advancing, the uptrend phase, in week 5 (since 3 Sep 2026). It closed at ₹1,168, 12.9% below its 52-week high and below its 200-day average, which is rising. In Materials, 35.1% of stocks are in Stage 2.

JSW Steel Limited manufactures and sells iron and steel products in India and internationally. More about the company

₹1,168

-0.61% today

₹2.85L Cr · Large cap

Market Neutral — FadingMaterials 35.1% in Stage 2-0.9 pts / 20dIron & Steel 32.9%-2.1 pts

Pro read

Pro

Our read

Early entry — still early enough in its move

Setup score

3.5 Watch

Momentum

Steady

Edge

Weak -4.8

Setup-score rank among Stage 2 peers: #23 of 26 in Iron & Steel · #127 of 159 in Materials

Is JSWSTEEL early, or has it already run? Pro answers that for every NSE stock, after every close.

₹2,999 · 12 months ₹1,999 · 6 months

Loading price chart…

vs 52W High

-12.9%

₹1,079.3 lo₹1,341 hi

12.9% below 52W high — pullback range

How far this stock is from its 52-week high. A pullback of 3–20% while Stage 2 structure holds is typically a better entry than chasing near the high.

Stage Maturity

Week 5

1w13w26w

Week 5 — early Stage 2, building

How long this stock has been in Stage 2. The sweet spot is mid-run — enough time to prove the structure holds, not so long it's extended. Very fresh (wk 1–4) often needs more time to confirm.

vs 200 DMA

-5.7%

200 DMA: ₹1,238.5 · rising

Long-term trend anchor. When stock and Nifty are both above their 200 DMA, the macro backdrop supports continuation.

Rel Volume

0.67x

vs 50-day avg

Low vol (0.5–1x) on pullbacks = resting, not being sold. High vol on breakouts = commitment. Volume spike on down days is a warning sign.

Trend Health

↓

MA20 rolling over · -3.0% vs MA50 +0.3%

Two-layer momentum read: the glyph shows whether the 20-day MA is rising (↑/↗), flat (→), or rolling over (↓). The ⇈ flag fires when the 20-day MA is pulling away from the 50-day MA — short-term momentum building on top of the longer trend. Best when both glyphs agree.

-10.0%

-6.2%

-2.2%

YTD

+6.5%

+1.9%

Sector

Materials

→ Flat

Stage 2%

35.1%

20d Δ

-0.9pp

1M return

-6.7%

3M return

-4.3%

Sector Stage-2 % · last 20 days

This stock ranks #100 of 158 Stage 2 stocks in Materials by RS.

Industry

Iron & Steel

↓ Peaking

Stage 2%

32.9%

20d Δ

-2.1pp

1M return

-5.7%

3M return

+0.0%

Industry Stage-2 % · last 20 days

Ranks #24 of 26 Stage 2 stocks in this industry.

Stage Cycle Timeline2023-07-14 → 2026-10-09

S2 36w

S2 23w

2023-07-142026-10-09

S1S2S3S4Setup score (0–10, dashed line at 5)

S2 12w → S3 10w → S2 12w → S3 5w → S2 36w → S3 8w → S4 4w → S2 13w → S3 4w → S2 23w → S3 6w → S2 9w → S3 3w → S2 11w → S3 6w → S2 5w current

Total tracked: 168 weeks across 16 stage runs.

Scan Membership

Breakout Watch

Latest: 2026-09-03

6 appearances in last 60 days. First seen: 2024-04-15.

Stocks that stay in the scan for 13+ weeks are in the highest observed-return cohort — they keep qualifying because the structure remains intact, not by luck. Persistence in the scan is itself a quality signal.

Recent Stage Timeline

2026-10-09S2

Wk 5 · Vol 0.67x

2026-10-08S2

Wk 5 · Vol 2.44x

2026-10-07S2

Wk 5 · Vol 1.18x

2026-10-06S2

Wk 5 · Vol 0.86x

2026-10-05S2

Wk 5 · Vol 0.66x

2026-10-01S2

Wk 4 · Vol 1.98x

2026-09-30S2

Wk 4 · Vol 0.82x

2026-09-29S2

Wk 4 · Vol 1.55x

2026-09-28S2

Wk 4 · Vol 0.74x

2026-09-25S2

Wk 4 · Vol 0.62x

2026-09-24S2

Wk 3 · Vol 0.51x

2026-09-23S2

Wk 3 · Vol 0.82x

Sector Peers — Stage 2All →

OCCLLTD

wk 16 · 0.0% from hi

9.4

CUBEXTUB

wk 1 · -1.3% from hi

9.4

VENUSPIPES

wk 19 · -10.6% from hi

9.0

MUKANDLTD

wk 20 · -5.3% from hi

8.9

PLASTIBLEN

wk 16 · -1.6% from hi

8.4

Moving averages & range

50 DMA

₹1,281.5

200 DMA

₹1,238.5

52W High

₹1,341

52W Low

₹1,079.3

5D Low

₹1,168

Resistance levels (recent highs)

20d High

₹1,304

60d High

₹1,341

120d High

₹1,341

250d High

₹1,341

Next resistance

+11.6%

to 20d High

Ask the Market AI about JSWSTEELAsk →

P/E (TTM)

14.4

Forward 18.0

Earnings Growth (YoY)

+991.8%

Revenue +14.2%

ROE

+27.3%

Profit margin +12.0%

Dividend Yield

0.55%

P/B 3.2

About this companyMaterials· Iron & Steel

JSW Steel Limited manufactures and sells iron and steel products in India and internationally. The company offers color coated steel products, color-coated roofing sheets, galvalume coil and sheets, aluminum-zinc sheets, galvanized corrugated sheets, tin plate products, lead-free coils and sheets, Al-Zn-Mg coated galvanized steel, multi-utility steel sheets, hot rolled and cold-rolled coils, cold rolled close annealed, electrical, coated steel products, TMT bars, wire rods, alloy steel products, and steel doors under the JSW Silveron+, JSW Radiance, JSW Everglow, JSW Colouron+, JSW Pragati+, JSW Vishwas, JSW Vishwas+, JSW Galvos, JSW Galveco, JSW Platina, JSW Neosteel, JSW Trusteel, JSW Avante, and JSW Magsure brands. It also trades in steel and allied products, and iron ore products; logistic infrastructure, real estate, and mining; and manufactures paints, forged steel ball, slabs, plates, pipes, and double jointing. In addition, the company engages in the production of gaseous and liquid form of oxygen, nitrogen, argon, and other products recoverable from separation of air; scrap shredding; management of logistic infrastructure of piombinos port area; and operation of coke oven and pellet plant, and steel plants. Its products are used in automotive, general engineering, machinery, projects, and construction sectors. The company was formerly known as Jindal Vijayanagar Steel Limited and changed its name to JSW Steel Limited in June 2005. JSW Steel Limited was founded in 1982 and is headquartered in Mumbai, India.

Visit company website →

All analytics based on EOD data. Data as of 2026-10-09. Past data patterns are not indicative of future results. This page is a data analytics tool only.