ParamjitMahapatro

jp power looks bullish in medium term to long term.

Long
NSE:JPPOWER   JAIPRAKASH POWER
in longer time frame, it had a long down trend then it formed a horizontal channel in weekly, and price moving sideways for months, and recently it broke out of the channel with high volume, confirming the start of uptrend. It is having a U type recovery, and got a good probability to form a round bottom.

with a sl - 4 1st tgt - 12 2nd tgt - 25
Transaction en cours:
today its 7% up closed at 8.35
Transaction en cours:
after a prolonged downtrend, HnS pattern formed, breakout done with good volume.

Commentaire:
pattern sl - 3.8, tgt - 9.2

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.