JP Power Analysis

vahabsheikh Updated   
Price Range action in JP Power , Penny Stock to buy Now at 8.10 to 8.20 / Share. , Volume Topper with green signal.

R1: 8.38 S1: 7.13
R2: 8.87 S2: 6.37
R3: 9.63 S3: 5.88

Reasons: Electricity demand in the country has increased rapidly and is expected to rise further in the years to come. In order to meet the increasing demand for electricity in the country. main role in JP Power is Coal thermal power Plants.

The future of the power sector looks bright as by 2026-2027, all India power generation installed capacity will be nearly 620GW, 38% of which will be from coal and 44% from renewable energy. Total installed Capacity as on April 2021 was 382GW of which 36.5% was generated from renewable sources.

Average of +4.7% consumption from oil, gas and coal fell from 90.6 to 89.7% and for renewables increased from 3.9 to 4.5%
Trade closed: target reached:
All target Reach
Trade closed manually:
All Target already achieve don't take entry in panic Shorting. JP power now in AMS List so don't take fresh entry.

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