JSW Energy bull continuation falling wedge pattern breakout

29 Mar 2021

JSW Energy has given a breakout with volume , entry 85~87 or above with 1st target 92, 2nd target 97~100 as there is a supply zone, and final target 107 as per pole height and supply zone existence in this level.

Stop loss 79~80.
This is simple price action swing trade.

4 Nis 2021

Not

JSW energy 1st target achieved.
After price consolidation if breaks up 92~92.5 zone, fresh entry can be taken for 97~100 Target.
As 100 is round number hence price may bounce back from there, can have more consolidation period.
you can book partially at 97~100.
hence keep patient for 3rd target.

6 Nis 2021

İşlem elle kapatılmış

waiting fresh break out

7 Nis 2021

İşlem aktif

Fresh entry 87

11 Nis 2021

İşlem aktif

2nd target hit