JSWENERGY trade ideas
Ascending traingle chart 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
Swing Trade Hold in 3-4 DaysTrend 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 rest of the time they either consolidate or fall
CMP- 250
Target Price 296
Note:- I am not SEBI Registered This Trade is only educational Purpose
TRUTH ABOUT JSW ENERGY 🤫Hello guys..!! Hope you all are well, now let me come to the point JSW energy had given breakout so now its simple wait for confirmation candle after that we can take our entry it's basic and simple rule and however our target will be around 335-350 because that levels will act as resistance. Whereas the most important is stop loss and that will be somewhere around 245-250 why 245-250 because there is a support line from below if it breaks then that will be our end of trade DON'T LET YOUR EMOTIONS INVOLVED in this market.
->FII AND DII had also increased there stake in March 2023qtr so there might be something cooking inside this stock waitt have patience it may cross 350 too.
JSW ENERGY- Daily Timeframe-Bullish patternNSE:JSWENERGY
From March-2023 Stock is taking rejection from bottom trendline and on the upper side sellers are trying to sell it around 275-277 levels (resistance zone).
However, the swing lows are shifting up side (Higher lows) which is a sign of strength, sellers are not able to drag it below previous swing.
Currently it has taken support on the trendline 5th time and it’s near its rejection zone.
Stock has good potential to go upside in upcoming weeks.
This is only for educational purpose, please manage your risk accordingly.
Should Face Resistance on Upper Side.Don't Get Excited ,It will give ample of time to get you on board.
Should Face Resistance on Upper Side .
Gratify if you appreciate the practice then you can like it, share it and
If you want me to investigate any chart for you then would cherish doing that for you.
Thank you for your time and support.
Stay safe.
JSWENERGY Positional up side viewNSE:JSWENERGY has done breakout and closed above its major resistance of 325.
My view is to take entry at level of 328 and hold it till target of 368.
My stoploss will be 308. Will exit from trade if price trade below level of 308.
Note: This is my personal analysis, only for learning.
Thanks.