JPPOWERJPPOWER have demand and support zone near 3.51 3.84
go long 3.52 to 3.84
stop loss 3.30 WCB
TARGET 8 15 18 24+++
NEXT big demand zone only near 0.40 0.84
JPPOWER trade ideas
Power of a simple TrendlineAnother Simple Technical Analysis which shows that market is easy and money can be made by doing simple things also.
This Time there is a very simple TRENDLINE drawn in weekly time frame which had worked multiple times and again which has given another opportunity and made a Pin Bar candle at the support of the Trendline.
It seems true that more than 80% is the Psychology (Money management , Position Sizing , Execution and other things) and only around 20% is the SETUP. Because Setup is easy but following it religiously is what a makes a person, TRADER
ENTRY - can be made if it crosses this Pin Bar Candle or can be purchased at the current market price of 6.95 for aggressive trading.
RISK - The Stoploss would be at the low of the same candle on closing basis or whenever it gives a closing before the trendline after crossing this pin bar's High.
Reward - there is major resistance( at price - 10) which has been retested 3 time and there is a high probability that it will go again to retest that resistance.
** Stop loss and Reward has no significance if the Psychology is not strong. Do not hope and just exit at the Stop Loss level and do not greed , just exit at the reward level.
**There are always a lot of opportunities in the market.
#KeepLearning.
JPPOWERThis has already broken triangle patterns and taken support on trend line, expected to see good move.
Trade at your own risk, feed a poor if you get benefited out this…
Triangle consolidation in JPPOWERIt has been consolidating for a while now. In the monthly chart, TSI levels indicate a upmove. Let's see.
JP Power forming a strong base for trend reversal Big Risk: reward ratio is currently at 8 strong resistance 10.5 to 11.5 once it broke this + volume then ready for blast...... Target on chart 1x/ 2x/3x/4x/5x..............
Strong base forming from 2016
Inverted head and shoulder best trend reversal
Disclaimer: I m not a SEBI registered advisor do you own study before investing. This is purely my own view
JP POWER: 7.5JP POWER: 7.5
IF 5.34, 0.34 holds support, and a break of 11.34, we can see 16-19, 22-25, 33-35, 44-46. 50+.
JPPOWER ANALYSIS Currently consolidating
Trying to form a inverse head & shoulder pattern
Closing above 9.00 on weekly timeframe may trigger buying momentum
For Targets of 9.9/11.15
JPPOWER Penny Stock [Demand Supply]Currently it's trading in non tradable zone but sooner when it will reach to respective demand zones we can add some quantity.
JPPOWERThis stock looks good, continues volume accumulation and strong momentum. With small capital we can enter.
Trade at your risk
Let see what market tells.
JPPOWERINVESTMENT PICK
JPPOWER
Head & Shoulders Pattern
Buy @ cmp & in dips till 5.65 | MCBSL 4.00 | Tgt 21.00 / 24.00+
Good momentum can be seen on MCB or sustaining above 10.00
However 11.30_11.50 will be the neckline for the pattern
Cup and Handle pattern breakoutToday I picked JPPOWER because, it broken Cup and Handle pattern on closing basis. The following factors are considered by me for picking this.
1. Huge Volumes at breakout.
2. Cup and handle Pattern
For BTST trades Keep profit as 2% - 3%
This is very risky stock for positional trade. I will not suggest to hold it. It is only for BTST.
Please consider these for educational purposes
JP Power future chart layoutJP Power future chart layout.
Here I can see the good chart pattern for JP Power Stock.
This is only for tutorial purpose only, not recommended any BUY or SELL.
JP Power rocket!!There was a consolidation in JP Power for the past few months but now we can see a breakout happening from the descending triangle pattern that has formed. Keep the low of the breakout candle as stop loss and trade carefully. The financials of this company is not that good.
JPPOWER HAS A SHARK PATTERN TARGET OF 10.5The stock is forming a SHARK pattern, the D point of which falls at 10.5, which is the target for the stock
Buy opportunity According to candlestick chart price Breakout with good volume .
Good time to entry
Risk rewards ratio good
Lower band good support
( T1)Target previous swing high.
JP Power Multi year rally 1. Channel Pattern: The stock is moving in a channel pattern since 2020 and every time it has broken its high and made new high. So, this time target : 15 and stop loss : 6.3
2. H&S Pattern: Target 36 in another two years. The stock is trading above the neck line since 2021.
Short term holdingmomentum if price goes above 8.45
Buy Above 8.50
Power and Transmission, Coal, and Other. The Power and Transmission segment includes generation, sale, and transmission of power. The Coal segment refers to the coal mining for captive use in energy generation. The Other segment consists of cement grinding.
JP Power trendline breakoutJP Power gives breakout and closed about the trendline.
Expecting it to touch its previous high
Keep tracking it.
Disclaimer: Pls do your study and then invest.
JPPOWER -- POSITIONAL -- FLAG PATTERN BREAKOUT JPPOWER On Hourly chart today seen Flag pattern Strong Breakout at upside ..with strong volume, Todays sharp fall of nifty ..this stock seen good volume at long side.. RSI seen higher high at mid range and above WMA .. stock seen at strong trendline support at closing at upper channel line from this level stock can see good upside 20-30% ..1 month .
Technical support resistance explain in chart/
BUY JPPOWER @ 8.70
TARGET 10-11-12
STOP LOSS 7.50
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ..trade at own risk. !
JP Power - Powerful pattern on makingJP Power
As seen on chart Cup and Handle pattern on making. Handle is yet to complete but can see that if such pattern complete than we can see Huge targets for the stocks....
Whole group is showing turn around.....
Only for study purpose … You can buy it on breakdown of pattern.
OR
Buy on CMP SL-10%, TGT as shown in the chart.
