Trendline break out !!The stock gave strong trend line breakout with good volume.
Look the chart for more details
This is only for educational purpose, Do your own analyze before trade!!!
JSWENERGY trade ideas
JSW Energy - Consolidation PatternThe stock has been nicely consolidating and potentially forming a nice base to move higher from.
Long above 325.
SL 5% below purchase price.
JSW ENERGY 25% UPSID RALLY CAN BE SEEN AFTER BREAKOUT NSE:JSWENERGY Is very strong rn because due to bad market scenarios it is still at its normal levels. It is in consolidation zone from last 3 months. breaking of this zone can lead to a good rally toward 400.
You ca add this in your portfolio for Investment purpose. for the target of 400 - 405
JSW Energy waiting for breakoutJSW energy has been consolidating fro last 60days. Wll give good breakout if crosses Resistance of price of rs 322
JSW Energy reported double fold jump in its profit JSW Energy reported double fold
jump in its consolidated net profit
in Dec Quarter to 324 Cr
previous year it was 124 Cr
JSW ENERGY go long*for educational purpose only. It's not a call. Please trade at your own risk.
Bullish above 320 only.
JSWENERGY BREAKOUT : TARGET 350 - 380BUY : JSW ENERGY
CMP : 313.80
SL : 265
TARGET : 330 - 350 - 380
TIMEFRAME : 3 - 6 MONTH
- As you can see in daily chart currently stock has formed BOLLINGER BAND SQUEEZE.
- Today stock tried to give a breakout above 320 but couldn’t break the RESISTANCE at 320 today.
- Stock is about to give a BOLLINGER BAND SQUEEZE BREAKOUT.
- MACD CROSSOVER is seen in Daily chart
- RSI is gaining strength
- Q3 result was positive
So definitely we can see a very good rally in this quarter.
Looking for short opportunityBreaking an support level of 15 time frame and looking to break a higher time frame support level
JSW EnergyAfter a long consolidation, JSW Energy shows some strength and momentum on the daily time and if we see the weekly chart then it is a retracement after the uptrend frame we will wait for the breakout and enter after re-test our entry price is 333 our SL is 303 and Target is 383.
JSW Energy getting ready to launch A very nice ascending triangle followed by a tight buildup, a buildup from here would take it straight to 360-380
JSW Energy getting ready to launch into skyA very nice ascending triangle formation, followed by a tight buildup. A breakout would launch it straight to 350-60
BREAKOUT AND RETRACEMENT BUYING Market Cap
₹ 51,792 Cr.
Current Price
₹ 313
High / Low
₹ 409 / 66.0
Stock P/E
67.2
Book Value
₹ 96.0
Dividend Yield
0.64 %
ROCE
8.87 %
ROE
5.94 %
Face Value
₹ 10.0
JSWENERGYMonitor the stock, Though it ha started forming HH and HL it has to close above the supply zone with a good volume. One can add some at these levels add more later.
JSW ENERGY - CREATING VCP - WAIT FOR BREAKOUTNSE:JSWENERGY
Making a VCP pattern- Keep in your watchlist, Wait for breakout with good volume
Note: Only for Educational Purpose, not any BUY/SELL recommendation.
JSW Energy at Trendline Support - Buy on DIPDetails on CHART
Note: This is for educational Purpose only
JSW Energy - Weak JSWEnergy :
Rejected from Strong resistance
Looks weak
May fall back to 290 levels
Buy above 313 TGT 321 SL 304Suggestions are based on my analysis only. Please do your analysis before taking any trade.
JSWENERGY | RSI Divergence + Falling wedge breakout - 25-30%JSWENERGY | RSI Divergence + Falling wedge breakout - Looks potential for 25-30%
CMP : 300
SL : 280
Target : 370, 400
Almost 1:4 risk reward setup
JSW EnergyThis is only for educational purpose
This is not a recommendation
I am not SEBI registered
Do not TRADE/INVEST basis what I publish here
JSW Energy - Looks weakJSW Energy : Looks weak, Possible movement shown, first one seems feasible soon, if further weakness persists, then may breakdown
JSW ENERGYCMP - 315
Bounced from support with good volume
Corrected 30% from 52 week high
Target can be 350, 400, 500+
