JSW ENERGY LTD
Long
Aggiornato

jsw energy looks bullish in short term to medium term

in weekly, there was a BB squeeze, then price closed above upper BB with big volume and BB is expanding.

price can move up to touch next resistance.

sl - 59, tgt - 86
Nota
price at channel support, so bounce back is likely, but there is an overhead trend line resistance to watch for. Lets see.
Nota
istantanea
Trade attivo
In weekly, hammer formed at channel support, bounce back is likely
Nota
istantanea
Trade attivo
after hammer formation price bounced from the channel support quite smartly, now going to touch the channel resistance . istantanea
Nota
Also price broke the weekly trend line resistance with high volume. istantanea
Trade attivo
BB expanding and candles are riding the upper BB istantanea
Trade chiuso: obiettivo raggiunto
tgt of 86, is achieved here, istantanea
Nota
total 20% gain in 3 months, cheers.

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