JPPOWER levels...26.09.2021 ( D candle)JPPOWER complete the sell pattern...now break trend line and it will touch 6+ in short term
JPPOWER trade ideas
JP Power will fly after correction so wait for it. RSI and MCD on the over bought area so don't jump in right now. Entry 4.30. SL 4.10 Target 8.5 and 10.25
Long JP Power...high probability setupJP Power
NSE:JPPOWER
Cmp - 4
Stop - Nil, Add more on relevant dips
Expectation -
T1 -7
T2 - Open, Review at 7
Expected Holding Period - 2 months or earlier for T1
Technicals - ✅, right
Fundamentals - ✅, will follow price
View:- Swing/Investment
Disclaimer:-
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing
JP POWER technical analysisJP POWER seems to have a huge potential for long term investors. u may book partial profits or add more quantities at critical points. but don't exit completely
BUY CALL!1) Buy above black line
2) Red dotted line represents target price
3) Green dotted can act as resistance/support (resistance if price goes down below it, and support if price goes above it)
4) Green line represents past resistance become present support
JP Power - Trendline BO and retest Watch for a bullish signal.
Technicals:
Trendline breakout and retest done on 1-hr TF.
Very likely to reach 6.5 (Near previous high).
SL can be placed at 4.5
Fundamentals:
Company has come up with net profit after 5 years.
Balance sheet is improving.
Reserves are near all time high
Stock is trading at 0.34 times its book value (15).
Its just an analysis, not a buy recommendation. Consult your financial advisor before taking any decision
once a wealth destroyer, now 18x from corona bottomno analysis on this just a hope for struck investors to get safe and less painful exit.
any fundamental analyst please share thoughts.
Buy jppower, trend break and retestBuy opportunity in jppower now
Buy: now
Target1: 10
Target2: 50-100(for long term)
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For education purpose only. Iam not a sebi registerd expert. Trade at your own risk. Feel free to text & share your views.
Ascending Triangle Pattern in JP Power VenturesThe power sector has been making great news. It is hitting its 10 years high. This rally is partially due to the Covid pandemic where domestic power consumption has seen a good demand. Following, the rally in Powers Sector stocks, JP Power Ventures has been on a good run.
In early May, after a period of brief consolidation, it made a breakout as a Bullish Marubozu candle. There was a corresponding increase in volume as well. The resistance was at 4.05 but the support was increasing, it was making higher lows. The support increased from 3 to 4.05, and the resistance was at 4.05, forming an ascending triangle pattern effectively. The volume during this period was higher than the average volume during the last 6 months.
The bullish breakout happened on 9th June, where it made another Marubozu candle, effectively breaking out. The volume too increased in this period, thus, confirming the bullish breakout . For the next 2 weeks, the volume was increasing with the stock hitting the upper circuit making a rally till 6.50. The height of the triangle is 1.05. Thus, the profit target for a risk-averse swing trader would be the length of the candle, at 6.10 (4.05 + 1.05). After hitting 6.5, it dropped 4.7% by a bear candle on 23rd June. Price might consolidate in this range. If bought during the rally, its good to book profits now.
Beyond expectations (Secret Multibagger)Sharing a technical analysis I did for a friend and this stock is on the heat map.
Going to show levels of 10 rupees in short term.
Message me or comment if you want a detailed discussion on that
JPPOWER INVERS HEAD AND SHOULDER WITH BREAKOUTJP POWER SHOWING BULLISH PATTERN AND TODAY IT GIVES BREAKOUT TO ITS NECK LINE LETS SEE WHAT HAPPENES
Multibagger sripJPPower makes a successful trend reversal after a long downtrend from the beginning itself (see monthy chart) and along with the reversal it form a triangle pattern breakout. Go Good for yearly term investments.
Long JP PowerJP Power
NSE:JPPOWER
CMP - 3.9
Stop - 2 on DCB
Expectation -
T1 - 25
T2 - Open, Review at 25
Expected Holding Period - 120 trading days or earlier for T1
View:- Investment
Disclaimer :-
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing
JP Power The following Pattern, In JP Power, Current Price RS-4.05 and If Break The Resistance, It will Goes to the Rs-10.
Multibagger stock at turnaroundcan be bought near 2.25 with SL 1 for 3 to 4 years for 30 to 40 times return.
JPPOWER - LONG SIDEJP POWER LONG SIDE for 2 major reasons
1. Good volume generated from last several days and the volume is going on increasing
2. Few good news are about to hit on this counter
3. Price action wise, although there is nothing special, but can bet on this counter for a short term trade
Jppower long NSE:JPPOWER best price/time to enter in jppower , after debt restructuring b2b 2 quarters profits..company financial health is improving .
stay invested for long term 1-2 yr target 20-25 rs .
posting for educational purpose .
disclaimer : holding big sizable quantity shares and accumulation in each dip..
Thanks & Regards
Jaiprakash Power (JPPOWER) Jaiprakash Power (JPPOWER) still pending for formation complete Harmonic pattern
