JSWENERGY trade ideas
JSW Energy Ltd Analysis: Head and Shoulders Formation and Potent
Description :
The Head and Shoulders pattern on JSW Energy's daily chart suggests a potential reversal to the downside. The key support level at 601.55 is being tested, and if it breaks, we could see a further decline towards 520.60 . The pattern's key components are marked:
Left Shoulder : Formation before the rise.
Head : The peak followed by a consolidation.
Right Shoulder : Another attempt to rise but failing, indicating the reversal.
A clean breakdown below the neckline at 601.55 would signal a stronger bearish move.
Target Level : 520.60
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JSW ENERGY BREAKOUT LEVELS JSW Energy - Potential Breakout Setup
๐ Analysis: JSW Energy is showing signs of building momentum. The stock is currently testing a key resistance zone at โน . If the price breaks above this level, we could see a strong breakout rally. A clean breakout above โน would confirm the bullish trend, potentially targeting โน in the near term.
๐ Key Factors to Monitor:
Look for an increase in volume as confirmation of the breakout.
A close above โน on high volume will likely push the stock higher.
The RSI is showing strong bullish momentum, suggesting more upside potential.
Watch out for any reversal patterns or resistance re-tests after the breakout.
๐ก Trade Idea:
๐
Timeframe: Watch for price action over the next few sessions to confirm the breakout.
๐ Disclaimer: This post is for educational purposes and does not constitute financial advice. Always perform your own analysis or consult a professional before making any trades.
JSWENERGY : at ease support zoneJSW Energy Ltd. (JSWENERGY)
Key Levels and Zones :
Current Price: โน625.80 (-โน10.70, -1.68%)
Support and Buying Zones:
Extended Retracement Zone: โน596.60 - โน619.60
Wave C (Primary) Completion Zone: โน594 - โน610
Liquidity Sweep Zone: โน553 - โน565
Targets:
First Swing Target: โน747.00
Second Target Zone: โน825 - โน851
Stop Loss: โน540.00 (on failure of Wave C and extended retracement zone)
Chart Analysis :
Wave Patterns: The daily chart shows Elliott Wave patterns (Waves A, B, and C).
Wave C Completion Zone: โน594 to โน610 suggests a potential bullish reversal.
Change of Character (ChOCH): A shift in market sentiment is observed, indicating a likely trend change.
Future Price Projections :
Bullish Scenario:
If Wave C completes successfully, the price may rally towards the first swing target at โน747.00 and the second target zone between โน825 and โน851.
Bearish Scenario:
Failure to hold the Wave C support zone could result in a drop to the stop-loss level around โน540.00.
Conclusion :
The daily chart of JSW Energy highlights critical support and resistance levels. Traders can monitor these zones for strategic entry and exit opportunities, ensuring a favorable risk-reward ratio.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always conduct your analysis or consult a financial advisor before making investment decisions.
#JSWEnergy #TradingPlan #ElliottWave #TechnicalAnalysis #StockMarket
JSW Energy looking Energetic JSW Energy Ltd. engages in the business of power generation. It operates through the following business segments: Power Generation, Power Transmission, and Power Trading.
JSW Energy Ltd. CMP is 688.95. The Positive aspects of the company are Company with decreasing Promoter pledge, High Volume, High Gain, Top Gainers and High Momentum Scores. The Negative aspects of the company are extremely high Valuation (P.E. = 61.5), Companies with Increasing Debt, Increasing Trend in Non-Core Income, High promoter stock pledges.
Entry can be taken after closing above 701 Targets in the stock will be 719, 738 and 756. The long-term target in the stock will be 773, 792 and 809. Stop loss in the stock should be maintained at Closing below 642 or 582 depending on your risk taking ability.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided inย thisย message.
JSWENER S/RSupport and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
20 EMA (Exponential Moving Average):
Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum.
Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory.
Combining RSI with Support and Resistance:
Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal.
Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
JSW Energy Ltd view for Intraday 9th September #JSWENERGY JSW Energy Ltd view for Intraday 9th September #JSWENERGY
Buying may witness above 715
Support area 702. Below ignoring buying momentum for intraday
Selling may witness below 702
Resistance area 715
Above ignoring selling momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
JSWENERGY - BULLISHStock name = JSW Energy Limited.
Weekly chart setup
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Master Score - B
Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am not SEBI registered. please consult your financial advisor before taking any trade.
JSW Energy (JSW) : A sunrise power sector7/11 - Jefferies next 5 year companies
Jefferies target by March 2029 - 1,100
India is experiencing a power sector boom with major demand coming in upcoming years and JSW Energy with it's strong JSW parentage could be one of the leading companies to power India!
Company is in a consistent uptrend! SL - 450.
JSWENERGY will break 700 days resistance ๐คฅWill it break high level support ๐ to reach new high in powe sector
Or it get rejected to white ๐ปโโ๏ธ line ๐ below box ๐ huge crash
Let's watch ๐ stay with me ๐ i will update it ๐
Boost ๐ post so u get updated on post when I am updating everything