JSW Infra cmp 316.65 by Daily Chart view*JSW Infra cmp 316.65 by Daily Chart view*
- Support Zone 285 to 295 Price Band
- Resistance Zone 325 to 336 Price Band
- Rising Support Trendline seen well respected
- Falling Resistance Trendline Breakout attempts in progress
- [ b]Multiple Bullish Patterned Chart setup, as one might view and interpret as per their personal observation
- Cup and Handle
- Head and Shoulder
- Repeated Rounding Bottoms
- VCP Volatility Contraction Pattern
- [ b]Hope to foresee a great Breakout above the Falling Resistance Trendline attempted at right side tail end
Jswinfrastock
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