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falakshayaan16
Mar 22, 2021 5:50 PM

WATCHOUT FOR THE BREAKOUT!!! Long

JSW ENERGY LTDNSE

Description

Stock looks pretty much ready to give an inverse H&S breakout on the weekly charts, stock has also formed a bullish flag pattern on the daily charts, which can explode any moment soon. Stock retraced it's breakout levels of 80 in the previous weekly candle and jumped up again over 10% in the next week, which is also believed to be the classical kind of movement before the rally. Long position is strongly recommended with respect to the levels mentioned on charts.

Happy Trading!

Comment

Target 1 Achieved!

Comment

Target 2 Achieved!
Comments
Taurus333
You use logarithmic charts?
falakshayaan16
@Taurus333, I'm sorry what are you trying to refer to?
Taurus333
@falakshayaan16, My charts are always flat and becomes difficult to see patterns like you see. Hence I was asking which type of chart you use?
falakshayaan16
@Taurus333, I actually look at pretty plain charts and then try to understand how they can actually unfold, and take the trade accordingly. I would suggest you to look at as much charts as you can and try to relate them with the others look for familiarities and you'll soon start understanding them more. Wish you luck and yes I'm always here if you ever wanna ask anything :)
Taurus333
You must be in huge profits?!!!
falakshayaan16
@Taurus333, Yeah, I've made good money, gratefully.
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