JSW Infra has reversed from the lower trendline of a channel, forming a strong weekly hammer candle, indicating potential trend reversal. Price is well supported by Anchored VWAP, adding strength to the setup.
Currently, the stock is trading in a low volume area, which often leads to a sharp move. As per Volume Profile, price is likely to move towards the POI / POC zone near ₹315.
Trade Setup:
Buy: ₹276 (Current Market Price)
Targets: ₹300 – ₹315
Stop Loss: ₹260 (Closing basis)
Technical Confluence:
Channel support + reversal candle
Anchored VWAP support
Low Volume Area → Mean reversion
POC acting as magnet
Currently, the stock is trading in a low volume area, which often leads to a sharp move. As per Volume Profile, price is likely to move towards the POI / POC zone near ₹315.
Trade Setup:
Buy: ₹276 (Current Market Price)
Targets: ₹300 – ₹315
Stop Loss: ₹260 (Closing basis)
Technical Confluence:
Channel support + reversal candle
Anchored VWAP support
Low Volume Area → Mean reversion
POC acting as magnet
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.