JP Power has completed a long-term inverted Head and Shoulder pattern recently. Considering this positive move, we should expect a move up to double the current levels from 10.50.
Keep tracking the move and invest sensibly.
Showing improvement in fundamental. Also showing double bottom pattern in weekly time frame also supported by key moving average. And the volume is also high in last 2weeks. price down with very low volume.
If this stock we get near 6.8 then it will be gud buy. sl will be 5.8.
Target will be very high. in one year it will be near 11.
it has gud potential...
the stock has come out of a flag pattern after an 80% rally and a good consolidation
with reducing volume during consolidation and increasing volume during break out and the over all power sector is on fire
Inverse Head and Shoulders Pattern : The inverse head and shoulders pattern is a bullish reversal pattern that typically occurs after a downtrend. It consists of three main parts:
Left Shoulder: This is the first low point of the pattern and is followed by a rally.
Head: The head is the lowest point of the pattern and is formed after the left shoulder. It's...
The JP power restocks stay near stone downtrend so convert to up trend volume actions is very good and a technical analysis based on create a bottom buying inverse head and shoulder chart pattern the near term the stocks are short term target 25 and long term stocks target all time high price 85 the stocks are very very bullish on the basis of technical analysis...
💥Jaiprakash Power 💥-Nice Breakout
Capital to be deployed- 20k
Investing Price -10-11
Breakout Price-10
Stoploss-8
Targets-15-17-22
RT for max reach
#jppower #StocksToBuy #stocks #StocksToTrade #StocksInFocus #stockstowatch #StocksInNews
This time in this stock we can clearly see there is an breakout in cup and handle pattern. But the most important thing is that, whenever stock increases volume also increases. And stock have break its upper resistance with good volume. So this is also a perfect breakout. And also a perfect stock have in a portfolio.
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn...
Greetings Folks,
today i have prepared a setup of JPPOWER on NSE
the analysis is as follows
- the price is in bearish structure right now
- we have some liquidity build up which adds to confirmation for our short
- 2 possible area for trades
- the zone above BSL is more favorable for our trade
dont play with fire, always use a predefined stoploss
A saucers pattern, When a stock is trading sideways usually this pattern occurs. and it takes long time to form. In this sock from 2018 to 2022. And now we are observing that stock is trying to move above its final resistance. And Volume is also confirming the price movement. And other indicator are confirming too. According to me this is the perfect level to...
Greetings Folks,
today i have prepared a setup of JPPOWER on NSE
the analysis is as follows
- the price made a required retracement
- i have marked SSL which is also very important support because if it gets broken it may indicate the start of a micro bearish trend
- there is also a minor range which is also marked in the chart
- the railway narrative seems to be...
this company has reduced its debt significantly is last few years
its in profit since 2021
wits well beolw moving averages
will it go up?
TARGET 1 -8.40 ATH-11
Greetings Folks,
today i have prepared a setup on JPPOWER on NSE
the analysis is as follows
- past few days this stock has been performing well
- following a dynamic support trendline
- currently testing a static resistance which is about to break
- if tomorrow opens gap up, wait for a retest for entry
dont play with fire, always use predefined stoploss
**JP Power's Potential Multiyear Cup and Handle Formation:** A notable technical pattern is taking shape in JP Power's price chart, known as the "cup and handle." Currently, the pattern is in the "handle" phase, implying a consolidation before a potential breakout. Once the neckline is breached, this could mark the beginning of a significant upward trajectory for...
NSE:JPPOWER good investment idea for next 7-10 years.
It is trying to form an inverse H&S
nice RR if we are planning to invest for next 7 to 10 years.
Keeping SL of the recent swing lows
What do you think ?
