#JSWENERGY
CMP : ₹. 483.5
Date : 13-01-2024
JSWENERGY is a company engaged in the business of power generation . Company is now in radar due to the latest news for filing petition in NLCT, Amaravati for getting permission to participate in an auction for the Amarkantak project, Amaravati against Adai, Reliance and also a power consortium team. Stock is now in...
#JSWENERGY #breakoutstocks #VCPPattern #Momentumtrading #swingtrade
JSWENERGY : (1-3 months Holding period)
>> CUP & Handle pattern
>> VCP Pattern Breakout
>> Good Volumes & Strength in Stock
>> Low Risk High Reward Trade
>> Longer u hold, bigger the Profits ( It will test ur Patience for sure)
Swing Traders Can Lock profit at 10% and keep trailing
Disclaimer :...
Fundamentally good stock.
don't be aggressive to enter.
.
entry: 300
target: 325 / 375/ 395 / 410
stoploss: 280 / 250
.
.
right time for Long term INVESTING.
.
.
" better wait for this weekly candle to close above 300 "
.
.
yellow boxes mentioned above are major levels.
.
Refer old ideas.
reset chart for better view.
JSWENERGY has given trendline breakout at 315 resistance levels with good volumes.
We can see good momentum in coming days.
Target: 360+, 400+, 470+
SL: Daily close below 315
The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below...
SWING Trading Strategy:
Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%)
INTRADAY Trading...
JSW Energy after a good consolidation is now getting ready for another upmove, formation of tight dojis and Inside bar, also today's last 10min closing suggests there would be a sudden spurt in this scrip. Ripe for swing trade. Ideal Stoploss would be 378.
*DISCLAIMER*
This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor....
JSW Energy @X Equityvedh
It is primarily engaged in the business of Power,mining activities,manufacturing of turbines.
Market Cap₹ 74,619 Cr.
ROCE 7.28 %
Growth YOY
Sales 36.5%
Profit 86.2%
InstHold 18.1%
Rounding Bottom Breakout into bluesky with Volume.
JSW Energy- Buy above 420 for the first target of 450 and then to 500. After reaching 450 much higher target of more than 500 will be opened. As of now RB is confirmed. changing to c & h pattern shall be seen in upcoming days if not 420 is broken.
Note: This is for educational purpose only.
NSE:JSWENERGY Will JSW Energy go up in next trading session. Update your thought in comments.
Ignore if huge gap down or gap up.
Follow strict stop loss.
Disclaimer:
This is not a financial, investment or trade advice. Its only for educational purpose.
This is a strategy for Swing Traders who just want to capture the swing and don't want to hold the stock for months. This strategy requires 3 indicators:-
Bollinger band (20,2) and Bollinger band (20,1)
Volume
MACD
Trade Setup for Long:-
1] The candle which closes above UB 2, we will call it BREAKOUT CANDLE.
The BREAKOUT CANDLE should have following...
After a huge rally in which topped out in Sept2021, the stock went into a long consolidation base of 2 years but never retraced for more than 23.6% on a Fibonacci scale.
3 months ago a low cheat entry was triggered and there after the you can see the volumes also coming up leading to cheat trigger and finally a pivot high was made closing above the resistance...
JSWENERGY has broken the 2 year resistance this week but has formed a weekly doji. It would be of interest to watch if it will continue its upward journey. RSI high volume high.
