JWL Trading Above Fresh Weekly Demand ZoneJWL is currently trading at ₹426.8, slightly above its demand zone between ₹425 and ₹396.85, established on 11th May 2024. This fresh zone has not been tested yet, indicating potential buying interest if the price revisits this range. Investors may consider monitoring for a pullback, which could provide a buying opportunity near this support level.
Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. Please conduct your own research or consult a financial advisor before making any investment or trading decisions.
JWL
Short Term Trading Opportunity in Jupitar WagonHi,
NSE:JWL has given a Bullish Flag Breakout on Daily charts with very good volume.
MACD is also on the bullish side on Daily and Monthly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames.
In the current market scenario, I am expecting that the bullish momentum will continue.
Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose.
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Jupiter wagons- Charged up for new bull run!Jupiter wagons has been one of the multibagger stock from railway theme.
Stock has given 5x returns in less than a year.
Stock has recently cooled off and now looking ready for another wild move.
Risky traders only should enter such stocks with less quantity since such stocks get locked in lower circuits as well.
Are you ready to catch this explosive stock?
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JWL - Spinning Top with volumesNSE: JWL is closing with a bullish spinning top candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 11% to 20% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
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JWL - Ichimoku Bullish Breakout Stock Name - Jupiter Wagons Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 118
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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Jupiter Wagons LimitedJWL:- Rounding bottom pattern is formed in the stock, keep your eye on the stock
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.