Stock name = JSW Energy Limited.
Weekly chart setup
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Master Score - B
Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations....
7/11 - Jefferies next 5 year companies
Jefferies target by March 2029 - 1,100
India is experiencing a power sector boom with major demand coming in upcoming years and JSW Energy with it's strong JSW parentage could be one of the leading companies to power India!
Company is in a consistent uptrend! SL - 450.
JSW energy is ready to give a very good break out and we can see a very good levels in few days we can see at least 10 to 15% moment on upside if it takes to give a level thank you
Will it break high level support 📌 to reach new high in powe sector
Or it get rejected to white 🐻❄️ line 📌 below box 😂 huge crash
Let's watch 👀 stay with me 😉 i will update it 😜
Boost 🚀 post so u get updated on post when I am updating everything
NSE:JSWENERGY
One Can Enter Now !
Or Wait for Retest of the Trendline (BO) !
Or wait For better R:R ratio !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low.
2. R:R ratio should be 1 :2 minimum
3. Plan as per your RISK appetite and Money Management.
Disclaimer : You are responsible for your Profits and loss, Shared for...
JSW Energy: Ready for next up move
JSW Energy rallied from 40 to 400 in After Corona rally. Then consolidating in a triangle. Now breaking out from triangle with good volumes.
Buy at 350 with a SL of 315 for a aggressive target of 600.
Look at chart weakly frame breakout ascending traingle chart breakout
India government planned to 2030 carbon mukta railway so energy stock take advantage first so keep watching all energy stock are at up trend so this kind of breakout show how chart potentially up side move
No recommendation for buy or sell
Trend line Breakout in JSW ENERGY
Book profits within the first 30 minutes of the market opening
- Try to exit by taking 9-10% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
Now, why do I prefer swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 3-4 days and the...
Here on the chart you can see the good volume on break out clearly and 295 target has hit, if pullback comes in that one can initiate the swing trade. Looks good chart structure for bullish side .
