JSW ENERGY --DAILY CHART SETUP --POSITIONAL
1. Jsw energy seen on daily chart setup retest previous lower channnel breakout level around 250-255
2. currently stock trading above 21, 44, 50, 200 HMA
3. one can initiate Buy around 250-255 for current level target 270-280-300 positional (1-3 ) Month stop loss 220 bellow strong support line
4. CCI at above center line ( bullish )
5. RSI 55 level above 60 will be bullish zone
6. MACD above center and signal line bullish .
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ..trade at own risk !!
HAPPY TRADING ,!!
1. Jsw energy seen on daily chart setup retest previous lower channnel breakout level around 250-255
2. currently stock trading above 21, 44, 50, 200 HMA
3. one can initiate Buy around 250-255 for current level target 270-280-300 positional (1-3 ) Month stop loss 220 bellow strong support line
4. CCI at above center line ( bullish )
5. RSI 55 level above 60 will be bullish zone
6. MACD above center and signal line bullish .
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ..trade at own risk !!
HAPPY TRADING ,!!
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Hourly chart at trendline support --15/03/2023