PriceActionTrader1

Price Action Analysis of JPPOWER

Long
NSE:JPPOWER   JAIPRAKASH POWER
JPPOWER did a breakout in January 2022. Price retraced back to the weekly support level with receding volume. It's showing signs of reversal as buyers are stepping in and volume is increasing. Price could reverse from here and will continue uptrend.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.