JSW Steel breaks out; analysts bullish after 14% output jump
JSW Steel gained attention after a 14% YoY rise in Q1 output and a bullish multi-timeframe breakout. Analyst Vinayak Gautam issued a buy call at ₹1,050 with a target of ₹1,110. Analyst Dhruv Tuli flagged a breakout above key Fibonacci levels, supported by bullish RSI signals. Despite 'bearish' retail sentiment, new highs may follow.