"JSW Energy Nearing Breakout: RSI Rising (58.36) and Positive MACD - Await Breakout Candle with Volume" Plan of action - Buy above 660 ( proper closing ) Target 740-800 Sl 630 Wait for the volumes to come with a big fatgreen breakout candle.
NSE:IRMENERGY Long Position on IRM Energy Trade Execution: Entry Point: Buy at the current market price of 460-465. Target Price: 530/580/640 Stop Loss: Below 430. IRM Energy, a leader in the renewable energy sector, presents a compelling long investment opportunity due to its robust financial performance, strong market position, and favorable...
Yesterday 10% fall seen as one of promotor has reduced 5% their holding that's why following many traders has sold this and it was at lower price. But i think in different way as someone has sold 5%, even someone has bought as well 5% and might be more because it was available with discount price then previous day. Basically stock up down is part of stock...
Inox Wind has undergone a stock split today, presenting a notable opportunity for investors to acquire shares at a discounted price. The company's solid performance is reflected in this strategic move, suggesting a positive outlook for its future growth. As Inox Wind continues to perform well, the stock split is expected to generate momentum, making it a...
Suzlon Energy Limited: #sulon #energysector Despite the promising performance of the energy sector, Suzlon Energy Limited has notably lagged behind its counterparts. However, analysts perceive significant untapped potential within the company, foreseeing it as a prospective multi-bagger in the long term. Suzlon boasts robust sales figures and commands a...
Analysis: The chart you provided shows BPCL's stock price currently trading at ₹558.38, which is above the multi-year resistance level of ₹541.60 marked by the blue line. This recent breakout, accompanied by strong volume, suggests a potential continuation of the uptrend. Key Points: Breakout confirmed : BPCL successfully broke above the multi-year...
Tata power may have made a short term bottom today at 313. now it can do 2 things: First it can directly go high from here to 383-85 levels keeping stop loss at 302 below closing.. else it can waste some time here & consolidate in this range for sometime then go higher.. either way good to buy near 315-20 zone keeping 300 below closing as stop loss.
Confirmations:- 1: Rejection from Support 2: Rejection from trendline
JSW energy - 425 Rounding bottom breakout and ready for 640 levels Support at 360-350 levels
We have seen good support reversal or breakouts in Energy sector stocks from past couple of weeks. JSWEnergy is looking very attractive at 240 levels for a strong support reversal for medium term. Keep on radar for big target of 300 and above. Idea shared only for educational purpose,
IEX is finally showing signs of a consolidation and also a potential breakout after a healthy correction from ATH. With RSI at 50+ on weekly charts, this makes it a good candidate for buying on dips for as long as trend is up. To ascertain if trend is up please keep track of certain indications - 1] Price action - Higher high and higher low formations 2] Moving...
NSE:SUZLON has given double bottom breakout and as well is near breaking of its trendline, the trade can be taken after breaking of trendline for the given targets. RSI is showing bullish divergence as well. Will trendline be broken out?
Monthly bullish Weekly bullish Daily :- need to retest the 300 level Final tgt :- 340 S.L :- 285
📈 IEX ( Indian Energy Exchange ) 📉 Today broke out from a downtrending Trendline Zone on closing basis. On Buy Side I am looking for Targets of 238, 266 followed by 295. StopLoss should be kept at close below 216. It offers 1:5 Risk To Reward. All Important Supports and Resistances are drawn in chart. All levels are on closing basis. Please have a look and...
IEX giving short term entry opportunity. Entry at current levels with SL @ 200. Target 7-10 percent near term
Hi guys, I hope you all are doing well. Tatapower has given a breakout of the upper resistive trendline and all together a breakout of the symmetrical triangle pattern which also looks to be a part of a bigger flag & pennant pattern. Buy above - 230 Targets are mentioned in the chart above The best part is that cnxenergy has recently given a breakout after a...
The energy sector of our market seems to have given a breakout, it has been in a consolidation for a while now and has shown a healthy correction of 50% according to fib retracement. The pattern it formed was an ideal flag and pole pattern which is a pattern that gives a good momentum when its broken and gives a rally of equal to it's last rally. The RSI stands...
TATA POWER if it breaks the support line then it might fall upto 200 level which was the previous consolidation zone support level. However one can see a fresh buying opportunity only after full correction completed.