JPPOWER (JAIPRAKASH POWER ) SWING IDEA
Updated
JPPOWER is currently trading at 10.30.
It is currently trading above its weekly and daily 20 & 50 EMA's with increasing volume support.
weekly and monthly charts clearly indicates head and shoulders / cup and handle pattern.
a long swing is expected for below levels.
Minor corrections are expected till 9.50-9 however it will be buy on dip opportunity.
Resistance and target levels - 11.8 and 13.8 respectively.
final target of 17.
Please do your own analysis.
drop a message for regular swing ideas.
It is currently trading above its weekly and daily 20 & 50 EMA's with increasing volume support.
weekly and monthly charts clearly indicates head and shoulders / cup and handle pattern.
a long swing is expected for below levels.
Minor corrections are expected till 9.50-9 however it will be buy on dip opportunity.
Resistance and target levels - 11.8 and 13.8 respectively.
final target of 17.
Please do your own analysis.
drop a message for regular swing ideas.
Note
t1 done. t2 to go.Note
Target t2 achievedTrade closed: target reached
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