JSW Steel eyes ₹1,150 as demand, Global tailwinds boost rally
JSW Steel is trading above key moving averages, with RSI at 66 and MACD trending positive, signaling bullish momentum. Analysts see support at ₹1,070-1,080 and upside potential toward ₹1,135-1,150. Strong domestic demand, GST tailwinds, and China's supply cuts are aiding sentiment, while policy moves like higher met coke imports and green steel incentives add catalysts.