Swingtrader20192015

Buying Opportunity in JSW Energy

Long
NSE:JSWENERGY   JSW ENERGY LTD
JSW energy has reached bottom of trend line where it is taking good support. I will observe the price for another 15 mins and will enter if it holding at the trend line .

Entry between 60-60.5 with target at 64.2-64.4 and SL at 59.5

#Risky Trade because the stock is in downtrend and we are predicting reversal from trend line .

If trend line is broken i will exit with small SL of 1% for which i am expecting 4-6% target. Could be a good trade if it works
Trade active: Entered at 60.25 with 250 qty.

Strict SL at 59.7
Comment: What an move by JSW. Recovered almost 2% from days low. Now Trading above 61
Comment: Market looking weak.

JSW trading above 1.6% from my entry.

Trailed my SL to cost.
Comment: I exited at 60.6 yesterday. JSW up by 4% today.
Trade closed manually: Trailing SL Hit

Comments

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