#JPPOWER SHORT TRADE IDEA SETUPGreetings 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
Jaiprakashpower
#JPPOWER INTRADAY TRADE SETUPGreetings 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 overrated now so trade with cautious
dont play with fire, always use predefined stoploss