jsw energy looks bullish in short term to medium term
Comment:
price at channel support, so bounce back is likely, but there is an overhead trend line resistance to watch for. Lets see.
Comment:
Trade active:
In weekly, hammer formed at channel support, bounce back is likely
Comment:
Trade active:
after hammer formation price bounced from the channel support quite smartly, now going to touch the channel resistance .
Comment:
Also price broke the weekly trend line resistance with high volume.
Trade active:
BB expanding and candles are riding the upper BB
Trade closed: target reached:
tgt of 86, is achieved here,
Comment:
total 20% gain in 3 months, cheers.
