JSW ENERGY -- INTRADAY SETUP - 13/06/2022
Updated
JSW ENERGY INTRADAY SETUP - 15 MIN CHART -
1. triangle pattern formation on 15 min chart
2. Chart pattern is more of sign uptrend but due to high volatility in global market seen nifty can open gap up - gap down so looking at this both side target given for safe bet and using candle breakout or breakdown correct position can taken either buy/ sell on intraday.
3. BUY above triangle breakout 252.50 for target 255-257-260, (5/15 min candle should close above 252.50)
4. sell bellow triangle breakdown 245 for target 242-240-238 ( 5/15 min candle should close bellow 245 )
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ** trade at own risk
HAPPY TRADING !
1. triangle pattern formation on 15 min chart
2. Chart pattern is more of sign uptrend but due to high volatility in global market seen nifty can open gap up - gap down so looking at this both side target given for safe bet and using candle breakout or breakdown correct position can taken either buy/ sell on intraday.
3. BUY above triangle breakout 252.50 for target 255-257-260, (5/15 min candle should close above 252.50)
4. sell bellow triangle breakdown 245 for target 242-240-238 ( 5/15 min candle should close bellow 245 )
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ** trade at own risk
HAPPY TRADING !
Note
jsw energy downside target 240 hit ..short bellow 245 ...! 12.40 pmNote
sell target 238 hit -- 1.05 pmNote
intraday short call jsw energy bellow 245 -- final profit book at 229 ...level 2.30 pm
HAPPY TRADING !
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