There was a consolidation in JP Power for the past few months but now we can see a breakout happening from the descending triangle pattern that has formed. Keep the low of the breakout candle as stop loss and trade carefully. The financials of this company is not that good.
1. Channel Pattern: The stock is moving in a channel pattern since 2020 and every time it has broken its high and made new high. So, this time target : 15 and stop loss : 6.3 2. H&S Pattern: Target 36 in another two years. The stock is trading above the neck line since 2021.
JP Power gives breakout and closed about the trendline. Expecting it to touch its previous high Keep tracking it. Disclaimer: Pls do your study and then invest.
JPPOWER On Hourly chart today seen Flag pattern Strong Breakout at upside ..with strong volume, Todays sharp fall of nifty ..this stock seen good volume at long side.. RSI seen higher high at mid range and above WMA .. stock seen at strong trendline support at closing at upper channel line from this level stock can see good upside 20-30% ..1 month . Technical...
Fresh breakout soon sustaining above 10.10 will lead it to 19. Keep watching.
Price Range action in JP Power , Penny Stock to buy Now at 8.10 to 8.20 / Share. , Volume Topper with green signal. PIVOT LEVELS R1: 8.38 S1: 7.13 R2: 8.87 S2: 6.37 R3: 9.63 S3: 5.88 Reasons: Electricity demand in the country has increased rapidly and is expected to rise further in the years to come. In...
Let's trade if it is able to form Inverse head and shoulder
Expecting JP Power to hit 10 soon. Tell me in comments how much bigger move you are expecting with JP Power. Disclaimer: It's my personal view. Consult your Financial advisor before investing.
JP power has given a Break out on Daily time frame & looks very strong on the weekly & Monthly time frame as well. The stock has given BO on Daily TF with a good volume. RSI is above 60 which is strong momentum. Looks strong on weekly time frame as well. Resistance at 6.84, a monthly close above 6.84 will make a strong candidate, the monthly chart is under the...
Vcp breakout with gd volumes after ng consolidation Risk t reward favrable
The Stock has successfully completed a pullback. Now, it is expected to retest its recent high of INR 6.8 in short term. The rationale for buy - Price expansion accompanied by Volume expansion - RSI bullish divergence - Substantial reduction in debt leading to significant improvement in the capital profile (debt to equity ratio is now below 1). The cash flow from...
JPPOWER complete the sell pattern...now break trend line and it will touch 6+ in short term
If open above 6.60 then first target would be 7.25 above that 10 Rs. is next raget .
Buy opportunity in jppower now Buy: now Target1: 10 Target2: 50-100(for long term) If you like the post Hit the like 👍 button Follow the page For any feed bay comment below For education purpose only. Iam not a sebi registerd expert. Trade at your own risk. Feel free to text & share your views.
Sharing a technical analysis I did for a friend and this stock is on the heat map. Going to show levels of 10 rupees in short term. Message me or comment if you want a detailed discussion on that
Jaiprakash Power (JPPOWER) still pending for formation complete Harmonic pattern
Technically it looks like JPPOWER has completed an impulsive wave 1 and a 100 % correction. A safe swing long trade with stop loss 3.4 and a minimum target of 1.618% projection of wave 1 which is 7.85