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ParamjitMahapatro
Sep 11, 2017 3:41 AM

jppower looks bullish in medium to long term.  Long

JAIPRAKASH POWERNSE

Description

in longer time frame, it was in long term downtrend, then inverted Head and Shoulder formed in weekly, breakout done with good volume, after a pullback, it reversed and moving up now.

sl - 5, tgt1 - 8.3, tgt2 - 9.3.

Also there is a good probability for round bottom, after the formation on Inv H&S(classic reversal pattern) at the bottom.



tgts for round bottom - 14, 20, 26. (it is strictly long term tgts).

Trade active

price at neck line support
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