SJVN trade ideas
Technical Analysis of SJVN Ltd (Bullish Momentum)Technical Analysis of SJVN Ltd
Overview of the Stock:- The chart shows the 1-hour timeframe of SJVN Ltd (SJVN) on the National Stock Exchange (NSE) of India. The analysis is focused on identifying potential trading opportunities based on technical indicators and price action.
Key Observations - Price Action:
Pullback or Reversal Zone: The price is currently near a potential pullback or reversal zone between 116.10 and 124.78. This zone might offer a buying opportunity if the price shows signs of a reversal.
Safe Buy Above 134.42: The chart indicates that a safe buy level is above 134.42. If the price breaks above this level, it could signal a bullish trend.
Technical Indicators:
Relative Strength Index (RSI): The RSI is currently below 50, suggesting that the stock is oversold. This could be a positive sign for potential buyers.
Moving Average (EMA): The 200-hour Exponential Moving Average (EMA) is above the current price, indicating a bearish trend. However, if the price breaks above the EMA, it could signal a bullish reversal.
Trading Strategy - Based on the analysis, a potential trading strategy could be:
Buy More in the Pullback Zone: If the price retraces to the pullback or reversal zone (116.10-124.78), consider buying more shares to accumulate an average position.
Stop Loss: Place a stop loss below the lowest price in the recent pullback or reversal zone to limit potential losses.
Take Profit: Consider taking profits at the safe buy level (134.42) or at a higher resistance level, depending on your risk tolerance and investment horizon.
Additional Considerations
News and Fundamental Analysis: While this analysis is based on technical indicators, it's essential to consider news and fundamental factors that could impact SJVN's stock price.
Risk Management: Always practice proper risk management techniques, such as diversifying your portfolio and setting realistic stop-loss levels.
Remember: Technical analysis is a tool to help identify potential trading opportunities, but it does not guarantee profits. Always conduct thorough research and consider your own risk tolerance before making investment decisions.
Disclaimer:- This analysis is based on the provided chart and is for informational purposes only. It does not constitute financial advice. Always consult with a financial advisor before making investment decisions. Do your own research before buying this stock because I am not SEBI registered person and this is just for educational purposes. We are not responsible for your loss.
Thanks for your support as always
SJVN- Analysis
Entry around CMP to 111 or above 137
Stop loss levels Closing below - 90 or 80
Expected Major Targets -203 to 209 then we can target for 295
Minor Targets - 181 , 231, 255 and 315
Please do your due diligence before trading or investment.
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I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk.
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SJVN LONG !Expecting good Momentum .
Consolidation done .
Coming out of the Range.
Good for Short term.
Target 170, 220.
Do Like ,Comment , Follow for regular Updates...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
Consolidation Breakout - SJVN📊 Script: SJVN
📊 Sector: Power Generation & Distribution
📊 Industry: Power Generation And Supply
Key highlights: 💡⚡
📈 Script is giving breakout of consolidation zone as highlighted into chart.
📈 Already Crossover in MACD & Double Moving Averages.
⏱️ C.M.P 📑💰- 132
🟢 Target 🎯🏆 - 142
⚠️ Stoploss ☠️🚫 - 127
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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SJVN Ltd - An Opportunity to Buy as CMP or Wait for Safe BuyAs per previous chart history and pattern, an opportunity to buy SJVN Ltd is seen on the chart. This is based on technical analysis and previous chart history.
Do your own research before buying this stock as I am not SEBI registered person and this is my own opinion and analysis about the stock.
All points mentioned on the chart. Go through the chart and monitor for proper entry in this stock. You can buy at CMP or wait for pullback or reversal or your can buy above Safe buying point as mentioned on the chart.
Thanks for your support as always
SJVN-Multi- year breakoutSJVN Limited (SJVN) is an Indian state-owned power company headquartered in New Delhi. It was incorporated in 2006 as a joint venture between the Government of India and the Government of Himachal Pradesh. SJVN's primary business is the generation and sale of electricity. It has a portfolio of power projects, including thermal, hydro, wind, and solar power plants. SJVN also operates a transmission line network.
A multi-year breakout is often a sign that the stock is entering a new bullish trend and could see significant price appreciation in the future.