JSWENERGY trade ideas
JSWENERGYAs we can see JSWENERGY is trading a Channel pattern & traders can bet LONG swing side for a Target of 79 as it has a major resistance over there.
Kindly do your own analysis before taking any trade.
Perfect Ascending Wedge Pattern
JSWENERGY showing perfect Ascending Wedges
Trade between wedge
or wait for upside or downside breakout with confirmation candle.
Cup and Handle breakout with volume and retestStock has broken out of a cup and handle pattern on weekly timeframe.
For educational purpose only
JSW ENERGYThe price can consolidate within the zones and the break out will decide either to go long or short.. "EDUCATIONAL PURPOSE "..
JSWENERGY - Breakout + Cup & HandleJSWENERGY has formed a 'Cup & Handle' formation along with the breakout from the symmetrical triangle.
Possible long position after the breakout.
PS. For informational purposes only.
#JSWENERGY Weekly BO above important resistance area#JSWENERGY Weekly BO above important resistance area. All details given on chart.
JSW Energy EducationEducation Only.
No Buy Sell Suggestion.
Near trend Line Orange, Blue Line.
CMP 68
ShortFrom the channel pattern price on a resistance level take short position as a positional trader.
JSWENERGYJSWENERGY
W FORMATION CHART PATTERN
200 WEEK EMA-64.82
IF CLOSE ABOVE 65 THEN WE CAN SEE 68, 72, 79
NEGATIVE BELOW 60
Buying Opportunity in JSW EnergyJSW energy has reached bottom of trend line where it is taking good support. I will observe the price for another 15 mins and will enter if it holding at the trend line.
Entry between 60-60.5 with target at 64.2-64.4 and SL at 59.5
#Risky Trade because the stock is in downtrend and we are predicting reversal from trend line.
If trend line is broken i will exit with small SL of 1% for which i am expecting 4-6% target. Could be a good trade if it works
Buying Opportunity in JSW EnergyJSW Energy has reached bottom of trend line. I will observe price for 15 mins and if holds support as this trend line, i will go long @60.2-60.5 for targets of 64.2/64.4 with SL below 2 points i.e at 58.2
#Risky Trade
Waiting for 100 EMA crossover above 200 EMA.We are waiting for a retacement of the stock to about 60, and waiting for 100 EMA crossover above 200 EMA.
JSW Energy will have a good chance in the renewable energy market in the future if you are looking for long term.
Disclaimer : This analysis is being put for educational and entertainment purposes only, any trader or positions taken on basis of this analysis is to be based on your analysis and thinking.
JSWENERGY, STRONG BULLISH BREAKOUT (CHART# 329)Long above 61.5
Patterns:-
1. JSWENERGY has given breakout from its long term resistance zone around 60
2. It has also given breakout from mid term trend line (blue)
3. It has formed cup & handle pattern and given breakout from it (blue)
4. It has horizontal resistance at 61.5, above which it can move good in coming days.
This is good for both positional and intraday if manage to sustain above level.
Watch my other charts to understand simple price action used for all of the analysis. Keep your charts simple and free from lagging indicators.
Thanks
Piyush Gupta
JSW ENERGY near daily resistanceNear daily resistance , promoter revoked pledged shares which is a positive news . Once broken the resistance , it may see the levels of 65-80.
JSWENERY, TESTING IMPORTANT RESISTANCE (CHART# 309)JSWENERY looks good above 59.1.
Good bullish candle with string volume.
Breakout in JSW Energy - Target 80-85JSW Energy has seen a substantial rise in volume with price action. This fundamentally strong script is recommended buy for medium to long term with targets of 80-85.
Educational Analysis
Cup and handle breakoutbuy positionally for short term above 54.7 or if it do pullback around 52.50 . target are 60 and 65. stoploss below support line.
in intraday you can take risk if cross 54.70 prefer in cash.
