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JAIPRAKASH POWER VEN. LTD
Long

JP Power is ready to give a huge move

By Hobbytopassion_ManishJain
Updated
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.
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Note
Since the next significant resistance is believed to be at INR 25, we expect a good upward movement towards our target price to be achieved in the next 45-60 days.
Invest sensibly and take informed decisions before investing.
All the best!
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Note
The stock is now retracing from highs, the target may be INR 16.60 and INR 15.00. Trade cautiously now.
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Beyond Technical AnalysisChart PatternsinvertedheadabdshoulderspatternsinvertedheadandshouldersinvertedheadshouldersJPPOWERlongpositionlongsetuplongterminvestinglongtradelongtradesetup
Hobbytopassion_ManishJain
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