JP Power has given an Weekly Cup n Handle breakout with Bollinger Blast on charts. Cmp 7.8. Accumulation zone Rs 7-8 First tgt ts Rs 10 & eventual tgt of rs 13-14. Stop loss can be placed at Rs 6.5 DCB Life time highest Weekly Volumes confirms that its a big accumulation. Weekly ADX comfortable abv 25 denotes great strength. MACD also comfortably in...
Trade when the channel breaks. Good stock to hold for long term. Check for the levels on channel breakout. Have safe trading
Pure harmonic pattern analysis . . . . . .
JP Power has successfully given a closing above 0.383 fibbonacci levels on daily timeframe. Good upmove can be expected. Buy at CMP Target 5 Stoploss 4.2 Risk reward 1:3
cmp 5.30 try to get at 3rs , its may be an multibagger, leave safely at 15... Do small investment
LONG. Jp Power think for buy. 50MA Support fibo lavel Trending
taking support on weekly chart. chances for an uptrend. penny stock, reduce the position sizing.
Buy around 4.70 - 5.0 Stop Loss 4.25 on weekly closing bases Long-term target-7.25 // 10.15 // 26.30 Please follow me for more ideas and update Do your due diligence this is not investment advice.
MONTHLY BREAKOUTS, ABOVE HORIZONTAL RAYS ARE TARGET
BULLISH DIVERGENCE : A STOCK IS SAID TO BE IN BULLISH DIVERGENCE WHEN MOMENTUM IN RSI INDICATOR IS MORE THAN THE PRICE MOVEMENT ,AS ONE CAN SEE IN THE ABOVE CHART PRICE MOMENTUM IS IN DOWN TREND WHEREAS RSI MOMENTUM IS IN UPTREND THIS IS AN INDICATION OR SIGN OF EXTREME BULLISHNESS I HOPE U ALL UNDERSTOOD THIS CONCEPT CLEARLY IF SO PLEASE SUPPORT BY FOLLOWING AND LIKING