JSWENERGY : Breakout Candidate#JSWENERGY #breakoutstocks #VCPPattern #Momentumtrading #swingtrade
JSWENERGY : (1-3 months Holding period)
>> CUP & Handle pattern
>> VCP Pattern Breakout
>> Good Volumes & Strength in Stock
>> Low Risk High Reward Trade
>> Longer u hold, bigger the Profits ( It will test ur Patience for sure)
Swing Traders Can Lock profit at 10% and keep trailing
Disclaimer : Charts shared for Learning Purpose not for Trade
JSWENERGY
JSW Energy : right time for investment;Fundamentally good stock.
don't be aggressive to enter.
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entry: 300
target: 325 / 375/ 395 / 410
stoploss: 280 / 250
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right time for Long term INVESTING.
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" better wait for this weekly candle to close above 300 "
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yellow boxes mentioned above are major levels.
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Refer old ideas.
reset chart for better view.
JSW ENERGY - Getting Tight #Insidebar #dojiJSW Energy after a good consolidation is now getting ready for another upmove, formation of tight dojis and Inside bar, also today's last 10min closing suggests there would be a sudden spurt in this scrip. Ripe for swing trade. Ideal Stoploss would be 378.
*DISCLAIMER*
This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor. Please consult your financial advisor before taking any position and please use a Stop Loss for any Investments/Trading Positions. It is your hard earned money so give risk management your highest attention. Do take this disclaimer seriously.
JSWENERGY - Weekly Chart AnalysisAfter a huge rally in which topped out in Sept2021, the stock went into a long consolidation base of 2 years but never retraced for more than 23.6% on a Fibonacci scale.
3 months ago a low cheat entry was triggered and there after the you can see the volumes also coming up leading to cheat trigger and finally a pivot high was made closing above the resistance zone of the 2021 top. (389-408)
Its been 2 weeks the stock is sustaining above it. Volumes are decent. It is trading well above all the key moving averages.
Now the earlier resistance zone shall now act as a support(389-408). But the main support shall still be considered 348-369 below which if closed weekly than our view stands invalid.
As per the trend based fib 555 - 650 - 785 levels can be tested in a long term.
Disclaimer: This is just an analysis and not a buy/sell recommendation. If you intend to trade this counter then do your own due diligence and trade at your own risk.
JSW ENERGY WEEKLY CHART BREAKOUT IDEAJSW Energy Weekly Chart Breakout Happening on the Short Term Basis...
This Stock created the Resistance Zone around 355.00 to 365.00 level as 1st time it was touched the level April' 2022...
It was touched the Resistance Level on 2nd time around September' 2022...
And just Lest week it was touched the same Resistance Level on 3rd time....
Its also creating "W" Pattern or Double Bottom on the Weekly Chart for Bullish run.
Weekly Volume showing Good sign since March-April 2021...
We are expecting a clean Breakout from @363.00 if its will sustain above @363.00
:: Data Point ::
Breakout Level: @363.00
1st Target: @405.00
2nd Target: @460.00
Stoploss Point: @339.00
JSWEnergy Another energy sector stock on watchlistWe 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,
JSWENERGYJSWENERGY:- Pole and flag pattern is formed or parallel channel can also be called, wait for breakout
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
JSW ENERGY - DAY CHART - 12.12.2022 - BAHAVAN CAPITALJSW ENERGY as per Day Chart Analysis have chances to move uptrend Stock ABOVE 300 TARGET 305.
As such Nifty is in Downtrend Mode up to 18325 to create fresh demand and Bank Nifty is in Uptrend Mode.
So trade carefully for this week.
Happy Profitable Trading to All...