Hi,
NSE:JSWENERGY has given a Bullish Flag Breakout on Daily charts with very good volume.
MACD is also on the bullish side on daily and weekly time frames. RSI is also on the bullish side on daily and weekly time frames.
In the current market scenario, I am expecting that the bullish momentum will continue.
Complete price projection like entry, stop loss...
#jswenergy Strong Breakout and Sustaining strongly on Quarterly Chart.
Good to Hold for Swing, Short and Long-term #Investment.
Strong on Technical's.
Charts never Disappoint me !
From couple of day this stock is in bearish . But it takes a support at 407.20 . It's a strong support.
Now this Stock is in Neutral according to technical .
Time Frame Analysis:
1W -2.37%
1M -0.23%
3M -6.25%
6M +38.55%
technical Details As per my view:
Moving Average: (10,20,50,200): Sell
RSI: Neutral
Stochastic: Neutral
Williams Percent...
JSW 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"...
This is Power company engaged in power generation, transmission and trading. It has given breakout on weekly chart after consolidation. It's trading near 52 Week High and breakout expected as buyers are showing strength.
JSW Energy has been forming a downward channel for 22 weeks, and Elliott's projection illustrates the formation of a corrective structure.
Traders can short for the following targets: 289- 278 - 262
The corrective pattern started unfolding after a high of 408. Let's discuss wave formations and the Fibonacci relationship of correction.
Wave ((A)) is an...
