JPPOWER (JAIPRAKASH POWER ) SWING IDEA

Aktualisiert
JPPOWER is currently trading at 10.30.

It is currently trading above its weekly and daily 20 & 50 EMA's with increasing volume support.
weekly and monthly charts clearly indicates head and shoulders / cup and handle pattern.

a long swing is expected for below levels.
Minor corrections are expected till 9.50-9 however it will be buy on dip opportunity.

Resistance and target levels - 11.8 and 13.8 respectively.
final target of 17.

Please do your own analysis.

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Anmerkung
t1 done. t2 to go.
Anmerkung
Target t2 achieved
Trade geschlossen: Ziel wurde erreicht
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