JSWENERGY trade ideas
#JSWENERGY #Jindal #BankNifty #Nifty #Breakout #Resources $GLD #JSWENERGY
NSE: JSWENERGY
CMP: 126
Target: 136+
Target 2: 146++
SL: 126
Factors:
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Fundamental are strong.
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming
The stock has potential to go beyond 146 in longer time.
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With 💚 from Rachit Sethia
6 Year BreakoutThis is breakout after Feb 2015. Check for tomorrow's price. If it breaks the rectangle support with volume, go long.
JSW Energy Ltd.- Up-Flag on DAILY chartJSW Energy is in an uptrend. During this uptrend the counter went into the consolidation from 11th May 2021. The consolidation was preceded by an impressive up rally. The price gave an upward breakout to the consolidation on a daily chart on 1st June 2021 and closed at Rs.126. This breakout has a massive volume support. I anticipate the price target of Rs.156. This price target is expected to be achieved in around 13-18 daily candles. I suggest the stop loss at Rs.120. The risk-reward ratio is 1:5. The stop loss should be followed for the first 4 daily candles. Thereafter, the profit booking/ exit decision should be based on attainment of the price target or downward crossover of 26 EMA by 5 EMA whichever is earlier.
NOTE: This idea is an attempt to predict the future price movement. Investment based on this idea, if any, shall be at the sole risk of the investor.
JSW ENERGY - Trendline Breakout in Weekly timeframeJSW Energy Analysis:
1. Major Trendline breakout happened and strong close occured in Weekly timeframe
2. Waiting for retest the trendline in smaller trendline like 1D or 4H.
JSW Energy Cmp 94 dated 9.4.2021JSW Energy Cmp 94 dated 9.4.2021
Multiyear breakout above 95 with very high volumes.
Buy for a tgt of 120 n long term tgt of 170 SL 90
It is just a view, pls trade at your own risk.
JSW ENERGY - Medium to Long TermDont Buy blindly.. Only on RETEST to previous breakout levels.. Best buy zone !!!
The Stock had given multi year breakout !!!
Debts have been constantly decreasing !! Promoters have 74% stake !!
They have not reduced the stake at all ..
I think if they can manage their DEBTOR DAYS cycle and reduce debts , stock can really give more than 3-4x returns easily !!
This is a lil more than medium term idea !!
JSWENERGY | Big channel / falling wedge breakout |Weekly patternJSWENERGY | Big channel / falling wedge breakout in weekly pattern. Any retracement to 70 level is a buying opportunity. Having excellent room almost 60% upside.
CMP : 78 (Dip upto 70)
SL : 60
Target : 95, 122
10 Years Breakout for JSW EnergyWhat a move by JSW Energy i missed my opportunity to enter at 86 when there was an 1 hourly BO.
I don't know if it will move further or not.
But this is a monthly BO with good volume.
Breakout and Buildup VolumeJSW ENERGY is looking fabulous for short term. It has given a first breakout with very excellent volume.
There's also great Buildup in Volume
#foreducatuonalpurpose #learn&apply
JSW ENERGYIN DAILY AND WEEKLY CHART STOCK HAS GIVEN BREAK OUT FROM LONG TIME RESISTANCE LEVEL 97 WITH HEAVY VOLUME. NOW 107 IS SECOND RESISTANCE. IF CROSSES 107 WITH SAME VOLUME THEN 123 LEVEL WILL BE SEEN IN STOCK.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.
JSW ENERGY: Cup and Handle formationJSW Energy has given a clear breakout from its consolidation zone and retested the same. Now after making a pattern-like cup and handle it is trying to break the resistance zone of 102-104.
Once it is broken it can reach out to it's weekly resistance level at 111-115 level and then if it sustains there then a new high of 125 can be seen.
All levels are mentioned on the chart.
DISC: FOr educational purposes only.
short term - jswenergyalready breakout done in daily chart.
the 1hour chart shows a rising wedge pattern.
can take entry after a breakout from the pattern the stock must fly.
