# JSW Infrastructure Limited (NSE) - Technical Analysis Report
Current Price: 335.80
Key Technical Observations
**Bullish Breakout Setup**
- Breakout Level: Above 356 for conservative trade
Consolidation phase completing before potential breakout (BO) & Stock trading near resistance zone.
Price Targets
- Target 1: 352.90 (0.618 Fibonacci level)
- Target 2: 389.50 (0.786 Fibonacci level)
- Target 3: 411.30 (0.886 Fibonacci level)
- Target 4: 436.15 (1.0 Fibonacci extension)
- Moving Average: SMA showing upward momentum at 296.13
- Fibonacci Retracement : 61.8% level acting as immediate resistance
Chart Pattern Analysis
- Hidden Divergence on the chart suggesting underlying strength
- Consolidation Phase after pullback from 0.618 fib levels and Recent sideways movement indicating accumulation
Risk Management
- Support Level of the recent consolidation low around 280-300 zone
- Stop Loss: Conservative traders should consider stops below 320 on candle close basis.
Conservative Traders:
- Wait for decisive breakout above ₹356 with volume confirmation
- Enter on pullback to ₹340-345 range after breakout
- Target progressive profit booking at mentioned Fibonacci levels
Disclaimer: This analysis is for educational purposes only. Please conduct your own research and risk management before making investment decisions.
Current Price: 335.80
Key Technical Observations
**Bullish Breakout Setup**
- Breakout Level: Above 356 for conservative trade
Consolidation phase completing before potential breakout (BO) & Stock trading near resistance zone.
Price Targets
- Target 1: 352.90 (0.618 Fibonacci level)
- Target 2: 389.50 (0.786 Fibonacci level)
- Target 3: 411.30 (0.886 Fibonacci level)
- Target 4: 436.15 (1.0 Fibonacci extension)
- Moving Average: SMA showing upward momentum at 296.13
- Fibonacci Retracement : 61.8% level acting as immediate resistance
Chart Pattern Analysis
- Hidden Divergence on the chart suggesting underlying strength
- Consolidation Phase after pullback from 0.618 fib levels and Recent sideways movement indicating accumulation
Risk Management
- Support Level of the recent consolidation low around 280-300 zone
- Stop Loss: Conservative traders should consider stops below 320 on candle close basis.
Conservative Traders:
- Wait for decisive breakout above ₹356 with volume confirmation
- Enter on pullback to ₹340-345 range after breakout
- Target progressive profit booking at mentioned Fibonacci levels
Disclaimer: This analysis is for educational purposes only. Please conduct your own research and risk management before making investment decisions.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.