Rachit_Sethia

#JSWENERGY #Jindal #BankNifty #Nifty #Breakout #Resources $GLD

Long
NSE:JSWENERGY   JSW ENERGY LTD
#JSWENERGY

NSE: JSWENERGY
CMP: 126
Target: 136+
Target 2: 146++
SL: 126

Factors:
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Fundamental are strong.
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming
The stock has potential to go beyond 146 in longer time.


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With 💚 from Rachit Sethia

Trade closed: target reached
Trade active: Target reached in two days.

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