JP Power has made head and shoulder pattern on monthly chart. Patterns on monthly chart are very powerful, and once it breaks, we can have a return of almost 100%. Other criterions:
1. RSI - above 60
2. MACD - positive
3. Volumes increasing.
Power sector is anyway witnessing buying. Keep a tab!!
"Clean Chart, Easy Chart"
Learing and Earning!!!
Cheers!!
1. RSI - above 60
2. MACD - positive
3. Volumes increasing.
Power sector is anyway witnessing buying. Keep a tab!!
"Clean Chart, Easy Chart"
Learing and Earning!!!
Cheers!!
Trade active:
40% returns pocketed in JP power..currently at 14..moving to 20 target
Trade active:
60% returns pocketed in JP Power..now at 16..moving to target and beyond