JSW INFRA : Breakout or VCP formation#JSWINFRA #breakoutsoon #Vcppattern #swingtrade
JSWINFRA : Breakout or VCP Formation - there are 2 scenarios
Breakout Scenario :
>> Enter with 30% of position Sizing now
>> If Breakout happens u wont be in FOMO
>> If Breakout Sustains u can add more win Retest or Retracement
>> Swing Traders can look to book close to 10 % profits
VCP Formation :
>> Enter 30% position sizing now
>> If it starts falling, Its a Confirmation of VCP formation
>> Start Accumulatig during the Downpart of VCP
>> when VCP upside Starts it can Give Good Spike
>> In Case of VCP Breakout, Swing Traders can Look to target min 10-15% profits.
I want you all to Observe this stock setup and see what scenario plays out.
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Disc : Charts Shared are for Educational purpose, so that u can Learn how to analyse Stocks and How u can plan ur Entries etc. Do not take position in it unless u consult ur Financial advisor also do ur own analysis
JSWINFRA
MACD Crossover Swing Trade📊 Script: ADANIPOWER
📊 Sector: Power Generation & Distribution
📊 Industry: Power Generation And Supply
⏱️ C.M.P 📑💰- 628
🟢 Target 🎯🏆 - 668
⚠️ Stoploss ☠️🚫 - 611
📊 Script: HUDCO
📊 Sector: Finance
📊 Industry: Finance - Housing
⏱️ C.M.P 📑💰- 233
🟢 Target 🎯🏆 - 246
⚠️ Stoploss ☠️🚫 - 228
📊 Script: JSWINFRA
📊 Sector: Marine Port & Services
📊 Industry: Miscellaneous
⏱️ C.M.P 📑💰- 259
🟢 Target 🎯🏆 - 278
⚠️ Stoploss ☠️🚫 - 250
📊 Script: METROBRAND
📊 Sector: Leather
📊 Industry: Leather / Leather Products
⏱️ C.M.P 📑💰- 1081
🟢 Target 🎯🏆 - 1153
⚠️ Stoploss ☠️🚫 - 1044
📊 Script: HBLPOWER
📊 Sector: Auto Ancillaries
📊 Industry: Auto Ancillaries
⏱️ C.M.P 📑💰- 521
🟢 Target 🎯🏆 - 559
⚠️ Stoploss ☠️🚫 - 504
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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JSW Infrastructure: Add for Portfolio during consolidationNSE:JSWINFRA is the fastest growing port-related infrastructure company in terms of growth in installed cargo handling capacity and cargo volumes handled during Fiscal 2021 to Fiscal 2023, and the 2nd largest commercial port operator in India in terms of cargo handling capacity in Fiscal 2023.
Their installed cargo handling capacity in India grew at a CAGR of 15.27% from 119.23 MTPA as of March 31, 2021 to 158.43 MTPA as of March 31, 2023. During the same period, their cargo volumes handled in India grew at a CAGR of 42.76% from 45.55 MMT to 92.83 MMT.
Technical Setup:
After a good initial rally and listing, JSW Infra is consolidating in a range. I believe levels of 230 will be held here without much issues. A new breakout above the previous all time high would mean that the stock can give much higher targets for the future. It is a portfolio grade stock for me given India's growth story. Hold for medium to long term.
Q3FY24 Highlights:
Financial Performance
• Notable year-on-year growth in cargo handling, with a 17% increase to 77.2 million tonnes for the nine-month period ending December 2023.
• Revenue for the nine months ended December 2023 stood at INR 2832 crores, reflecting an 18% growth year-on-year.
• EBITDA for the same period showed a 22% year-on-year increase.
Expansion and Acquisitions
• Acquisition of PNP Maritime Services and PNP Port, enhancing operational capabilities and expansion potential.
• Development of an all-weather deepwater greenfield port at Kenney, Karnataka, with an estimated project cost of INR 4119 crores and an initial capacity of 30 million tonnes per annum.
Operational Efficiency and Safety
• Jaigarh Port was awarded a five-star rating by the British Safety Council, underscoring JSW Infrastructure's commitment to maintaining the highest safety standards.
Future Growth Plans
• Focus on increasing third-party cargo handling to 40% in the near term.
• Continued pursuit of organic and inorganic growth opportunities to capitalize on India's infrastructure development momentum.
JSW Infra (Breakout Stock to Watch Next Week)JSW Infra has given a breakout on a daily time frame. In the coming few days, the stock can head towards the 300 level. The stop loss can be placed at the low of Friday's candle which is 243. Also good volumes can be seen on the daily chart frame.
Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a financial advisor before making any investment. It is not a buy or sell recommendation.
