JSW ENERGY -- HOURLY CHART -- INTRADAY SETUP --27/06/2022
1. trendline breakout seen at hourly chart, last hourly candle is trendline breakout candle.
2. stock seen above 44 SMA, above adaptive moving avg, above 200 hull moving avg.
3. Stock seen trading at upper channal on hourly chart, currently taken lower support at channel
4. RSI on daily chart move above 30 from extream oversold level
5. Daily chart also indicate uptrend after sharp fall above 212 level
6. on intraday buy at current level @ 208 for target 210-215-220 stop loss 802
7. intraday support 205 resistance 215-220
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ** trade at own risk !!
HAPPY TRADING !