ShortTerm_Trader

JSWENERGY BREAKOUT : TARGET 350 - 380

Long
NSE:JSWENERGY   JSW ENERGY LTD
BUY : JSW ENERGY
CMP : 313.80
SL : 265
TARGET : 330 - 350 - 380
TIMEFRAME : 3 - 6 MONTH

- As you can see in daily chart currently stock has formed BOLLINGER BAND SQUEEZE.
- Today stock tried to give a breakout above 320 but couldn’t break the RESISTANCE at 320 today.
- Stock is about to give a BOLLINGER BAND SQUEEZE BREAKOUT.
- MACD CROSSOVER is seen in Daily chart
- RSI is gaining strength
- Q3 result was positive
So definitely we can see a very good rally in this quarter.

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