JWLGood point to of entries right now. As the company is accumulating large orders from the starting of 2024.
473cr + 956cr = 1429cr Rs orders in just 2 months of this year.
Great opportunity to buy this stock and hold it for 6 months or 1 year.
100% returns can be expected from this price in coming period.
JWL trade ideas
Jupiter Wagons Limited - A very Short term spike expectedNSE:JWL - Technical Analysis Update 🚀📈
Current Price: ₹339.50 (as of Jan 5, 2024, 11:47 AM)
Key Indicators:
Parabolic SAR: Buy signal triggered 🟢
Moving Averages: Crossover at ₹323.20
MACD: Histogram at 1.21 (positive), MACD at 0.46, Signal at -0.76
Stochastic RSI: K at 75.55, D at 53.11 (not overbought yet)
%R: -14.14, touching upper baseline
Fisher Transform: -0.01 (Fisher), -0.59 (Trigger)
Market Outlook:
The stock shows potential for upside 📈, especially with the recent big order win.
Short-term bullish trend starting, watch for the close above ₹341.20 (critical Fibonacci 0.618 level) for confirmation.
Trading Targets:
First Target: ₹350.90 🎯
Second Target: ₹363.20 🎯 (approx. 1.0 Fibonacci level)
Caution:
High volatility expected. Enter for short-term trades 🔍.
High P/E ratio above 50. Short-term positions advised.
Keep an eye on market opening movements for further clues.
Stop Loss: ₹ 327.15 (around the key Fibonacci Levels of 0.382 - ₹ 327.40) ⛔
Conclusion:
Jupiter Wagons Limited is a promising pick in the railway wagon sector. Ideal for short-term traders looking for growth opportunities. Stay alert and trade wisely! 🌟🛤️
Disclaimer:
General Information Only: This analysis is provided as general market commentary and does not constitute investment advice. It is provided for the information purpose only.
Not a Recommendation: The information provided does not take into account your individual investment objectives, financial situation, or specific needs. It should not be relied upon as a recommendation or an offer to buy/sell or as a solicitation of an offer to buy/sell any security or financial instrument.
Accuracy and Completeness: While care has been taken in gathering the data and preparing the analysis, there is no guarantee of its accuracy or completeness.
Market Risks: Investing in the stock market involves risks, including the potential loss of principal. The value of investments and the income from them can fall as well as rise.
Past Performance: Past performance is not indicative of future results.
Personal Responsibility: Investors are advised to conduct their own independent research into individual stocks before making a purchase decision. It is important to be aware of the risks involved in stock trading.
Professional Advice: Consult a qualified financial advisor before making any investment decisions.
No Liability: The author of this analysis assumes no responsibility for any losses or damages resulting from decisions made based on the information provided.
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Jupiter Wagons Ltd forms bullish "Continuation Wedge" "Continuation Wedge (Bullish)" chart pattern formed on Jupiter Wagons Ltd ( NSE:JWL ).
This bullish signal indicates that the stock price may rise from the close of 309.50 to the range of 348-380.
The pattern formed over 37 days which is roughly the period of time in which the target price range may be achieved.
PLEASE NOTE THAT:
This chart analysis is only for reference purpose.
This is not buying or selling recommendations.
I am not SEBI registered.
Please consult your financial advisor before taking any trade
JWL - Triangle breakout 🚀My view on Jupiter Wagons Ltd
-CMP 342.8
-Triangle breakout in DTF & WTF
-Huge volume buildup near breakout zone
-Narrow MonthlyCPR
-Target 370|410|More
-Support 332-323 level
-Price rises from the convergence of 20& 50SMAs
#BREAKOUTSTOCKS #jwl #nifty
#nse #SEBI #bse #Multibagger
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.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
JWLNet Sales at Rs 879.30 crore in September 2023 up 111.01% from Rs. 416.72 crore in September 2022.
Quarterly Net Profit at Rs. 82.07 crore in September 2023 up 241.13% from Rs. 24.06 crore in September 2022.
EBITDA stands at Rs. 126.48 crore in September 2023 up 149.86% from Rs. 50.62 crore in September 2022.
Ride the trend but be aware of a potential bear flag as wellstock may be finding support at the 50dma and the lower end of the parallel channel so having positive bias one may ride the existing uptrend so far...unless ofcourse it turns out to be a bearish flag! an stoploss exit should be on daily close below todays morning low... better to be whipsawed than fall off a cliff
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.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, share & subscribe for daily analysis.
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.
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 93
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, share & subscribe for daily analysis.
Buy Today, Sell Tomorrow: JWLDON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 3-5% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 1% or closing below the low of the breakout candle
The levels mentioned on the chart are calculated using the BREAKOUT INDICATOR
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Rising Wedge Breakout in JWL
Buy Today, Sell Tomorrow: JWL