We have seen good support reversal or breakouts in Energy sector stocks from past couple of weeks. JSWEnergy is looking very attractive at 240 levels for a strong support reversal for medium term. Keep on radar for big target of 300 and above.
Idea shared only for educational purpose,
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8% up today!
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282 from 240 in 2 days. More than 15% returns. Better to book some profits here if entered.
Perfect Spot on ! i would like to get your thoughts on ANUP engineering and GPPL
tradewithamey_
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@PrasannaSelvaraju, Thanks for the appreciation! My view on Anup is being cautious since it has formed double top at 1200 levels which is its strong supply zone. GPPL is looking super bullish as it is a multi year breakout. However, 115-118 will act as a resistance. So, it would be better to enter at retest levels of trendline for a better risk reward ratio.