Look Good in chartMuti year break in making. Can take the price easily to 41 and 88.
This is an educational purpose
JPPOWER trade ideas
Jaiprakash Power Ventures:Support and Investment InsightsJaiprakash Power is currently at a strong support zone, making it an opportune time for investors to consider entry. There are three entry zones recommended for splitting investments. As a micro-cap stock, it’s advisable to allocate minor capital.
Fundamental Points for Jaiprakash Power (2024):
Market Capitalization: Approximately ₹12,110 crore.
P/E Ratio: Around 8.93, indicating reasonable valuation.
Return on Equity (ROE): Approximately 13.68%, reflecting decent profitability.
Debt-to-Equity Ratio: Low at 0.33, suggesting sound financial health.
Recent Performance: The stock has delivered a profit growth of 39.8% CAGR over the last five years.
JPPOWER Trading Within Demand ZoneJPPOWER is currently trading at ₹16.54, slightly above the demand zone of ₹16.39 (baseHigh) to ₹16.1 (baseLow), established on 28th November 2024. This zone may act as a potential support level, offering a possible entry point for investors to evaluate.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Please conduct your own research or consult a financial advisor before making any investment or trading decisions.
2 Amazing swing trading idea for 20 December MarketsBoth are Breakout trading ideas. One has a nice volume cluster concept along with a nearby hidden line. The other seems like a sleek price action pattern on a weekly time frame but needs closing on Friday. Make your journals for the same, and let's observe the charts tomorrow.
JP Power Showing StrengthNSE:JPPOWER Showing Strength With Good Volumes, Respecting 200 DEMA and Support Zone With MACD Showing BUY SIGNAL.
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Meanwhile, check out my other stock ideas below until this trade is activated. I would love your feedback.
Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
Long Jppowergood sector and good growth
at support levels at all timeframes Daily weekly and monthly
cmp 19.10
sl 17.15
target 24
holding period 1-3 months
JP PowerApproaching the resistance at 21-22. Will do more good on crossing this level. 52-week high breakout is above 24.
HOLD 1 WEEK or TILL 10% GAINHOLD 1 WEEK or TILL 10% GAIN . risk reward is 1:2 or 5 percent loss or 10 % gain
Positional TradeJP Power Ven
CMP 18.50
Buy on Dips 16.5 & 14
SL CLB 12
Tgt upto 30 & above
Don't miss to boost this idea
for more info - Plz visit my profile
Rgds,
Naresh G
Sebi Reg. RA
Amazing breakout on Weekly / Daily Timeframe - JPPOWERCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
PS: No new Nifty500 script can escape from me when making a breakout. :-)
NOTE: Wait for weekly close above the breakout level.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
TURNING BULLISH: JP POWER JP Power has been trading in a box pattern since April 2024.
It has been trading in a tight range between 17 and 20 levels.
A couple of days back, it gave a strong breakout with good volume.
Currently, it is experiencing a pullback.
However, we need to confirm, if the pullback is temporary for any fresh entry.
Support zones: 20, 17, 15
Resistance: 24
JAIPRAKSH POWER VENTURENSE:JPPOWER
fundamental looks good and below scenario might be possible
Technically stock is consolidating between 17 to 21 from last 52 weeks and recently it breaks 21 level. So I will make long position after breakout of 52 weeks which is 24 (if sustain) with stoploss below 21 (if sustain). No position until 24 has been crossed.
NOTE - This is my opinion not recommendation. So do your own analysis and make positions accordingly. Ping me personally if you have long term horizon
Brewing Up JP PowerNSE:JPPOWER is brewing up to give a good upmove after accumulating nearly 15 to 17 Zones. A Close above 20 Will Confirms it.
Check out my other stock ideas below until this trade gets activated, I would love your feedback.
Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
JPPOWER - Risky - Triangle BO -Wkly- Near Multiyear BOJPPOWER -Risky bet -
The Jaiprakash Power Ventures Ltd. (JP Power) weekly chart shows significant bullish momentum after a prolonged period of accumulation. Here’s an analysis based on the chart you provided:
### 1. **Cup and Handle Formation**
- **Cup Formation (2017-2023)**: The chart clearly shows a large **cup pattern**, which is a bullish continuation pattern. It started forming around 2017 and completed in 2023. The depth of this cup indicates a long consolidation phase, with strong accumulation at lower levels.
- **Breakout**: JP Power broke out of the cup’s resistance around the ₹10.71 level, leading to a sharp upward move.
### 2. **Handle and Continuation**
- The handle formation was brief and followed by another breakout, confirming the strength of the pattern. The breakout from the handle shows increasing volumes, a strong bullish sign.
### 3. **Current Consolidation in Triangle**
- After the breakout, the stock is currently consolidating in a symmetrical **triangle pattern** between ₹16.63 and ₹23.78.
- **Support**: The lower bound of this triangle is around ₹16.63, which also coincides with a previous resistance level.
- **Resistance**: The upper bound of the triangle is near ₹23.78, which could act as the next resistance zone.
- A breakout above ₹23.78 could lead to a continuation of the bullish trend, possibly taking the stock higher.
### 4. **RSI and Momentum**
- The **RSI** (Relative Strength Index) at the bottom of the chart is hovering in the bullish range (above 50), but not yet in overbought territory. This indicates the stock still has room for upward movement.
- The recent bounce in RSI suggests that buyers are stepping in to support the stock at current levels.
### 5. **Volume Analysis**
- There is a noticeable increase in **volume** during the breakout phases, which indicates strong buying interest. The volume spikes during the key breakout confirm the strength of the move.
### 6. **Targets and Projections**
- The measured move from the **cup and handle** pattern, calculated from the depth of the cup (approximately ₹10.71), projects a potential upside target around ₹31.80 in the longer term, which aligns with a previous high seen in 2015.
- Near-term resistance levels could be ₹23.78 and ₹31.80 if the triangle breaks to the upside.
- Support levels: If the triangle breaks down, the stock might find support around ₹16.63 or even as low as ₹11.00.
### Conclusion:
- **Bullish Outlook**: The chart shows a long-term bullish trend, especially after the breakout from the cup and handle pattern. However, the stock is currently in a consolidation phase and traders should watch for a breakout above ₹23.78 for further bullish confirmation.
- **Risk Management**: Key support levels to monitor are ₹16.63 and ₹11.00 in case of any pullbacks.
Range Bound Pattern for JPPOWERPotential breakout from the range-bound pattern for JPPOWER
Entry - Rs.17.00
Target - Rs.23.00
Stoploss - Rs.15.00
Good fundamentals
Timeframe: 3-4 months
Buy JP PowerTrade Recommendation: Buy JP Power
Entry Price: ₹18.20 (Current Market Price)
Target: ₹20.00
Stop-Loss: ₹17.80.
Based on the current technical indicators, JP Power presents a compelling buy opportunity. The stock is trading above its 200-day EMA, which provides a strong foundation of support. The close proximity of the moving averages indicates consolidation, often a precursor to a breakout.
Why This Trade?
Strong Support: The 200-day EMA is a solid support level.
Bullish Momentum: The MACD and moving averages align to support an upward move.
Favorable Risk/Reward Ratio: With a stop-loss at ₹17.80, the downside risk is limited while the upside potential is significant.
JP Power for 100% gain in 2-3 year. we already booked 100% profit in JP power and now the another cup with handle pattern is forming, which is again having potential to give 100% profit in 2-3 years.
Jaiprakash Power Ventures Ltd. @ 19.66Sector: Power Generation/Distribution
52 Week High 24
52 Week Low 5.85
All Time High 143.40
All Time Low 0.35
Book Value Per Share 15.01
Sector PE 24.33
Face Value 10
Beta 1.32
Mkt Cap (Rs. Cr.) 13,473
As long as 10/5 supports, we can see 24, 34, 44, 50, 70+
NOTE: Not a BUY or SELL SIGNAL.
All updates are only for the educational and knowledge purpose.
CONDITIONAL BUY ON JP POWER!!A clear cut inverse head and shoulder pattern formation on monthly chart! buy only after weekly closing above 10 and keep sl mentioned on chart!
HAPPY TRADING(:
JP POWER: Sipping JP 🚀💚JP POWER is in ascending traingle and looks good near 17-17.5 for an upside with the max target of 40, which may take some time. 50-60% looks good to me.
JPPOWER - Potential to Double from here if it crosses 20Q4 Results are Good. Soon the stock can touch its Previous high.
Sector Tailwind in Energy sector. Turnaround story.
It can double from Current price i.e. 36. provided if it crosses 24 with good volumes.
Disclaimer : Educational Content. Please do your own research
