JSW Energy bull continuation falling wedge pattern breakout
JSW Energy has given a breakout with volume , entry 85~87 or above with 1st target 92, 2nd target 97~100 as there is a supply zone, and final target 107 as per pole height and supply zone existence in this level.
Stop loss 79~80.
This is simple price action swing trade.
Stop loss 79~80.
This is simple price action swing trade.
Trade closed manually:
waiting fresh break out
Trade active:
Fresh entry 87
Trade active:
2nd target hit
After price consolidation if breaks up 92~92.5 zone, fresh entry can be taken for 97~100 Target.
As 100 is round number hence price may bounce back from there, can have more consolidation period.
you can book partially at @97~100.
hence keep patient for 3rd target.