JSW ENERGY: Cup and Handle formation

JSW Energy has given a clear breakout from its consolidation zone and retested the same. Now after making a pattern-like cup and handle it is trying to break the resistance zone of 102-104.

Once it is broken it can reach out to it's weekly resistance level at 111-115 level and then if it sustains there then a new high of 125 can be seen.

All levels are mentioned on the chart.

DISC: FOr educational purposes only.

Trade ist aktiv

Kommentar:

Target 1 hit. Book 50% here and rest trail to 100 level.

Trade geschlossen: Ziel wurde erreicht:

Target 2 also reached.