JSW Energy Limited
Long

JSW Energy Ltd (JSWENERGY) – Bullish Continuation Setup

77
Price Action

Closing Price: ₹545.50 (Sep 19, 2025)

Recent Performance: The stock has shown a consistent upward trend, with a 1.43% increase on the day and a 3.09% rise over the past week

Key Levels

Resistance Zones: ₹550–₹560 (recent highs), ₹580–₹600 (psychological levels)

Support Zones: ₹530–₹535 (recent consolidation), ₹510–₹520 (previous breakout levels)

Upside Targets

T1: ₹560

T2: ₹580

T3: ₹600 (medium-term target)

Invalidation: A sustained drop below ₹510 would weaken the bullish setup.

Indicators & Momentum

RSI (14): ~65 – Approaching overbought territory; monitor for potential pullbacks.

ADX: ~25 – Indicates a moderate trend strength; watch for acceleration.

MACD: Bullish crossover observed; supports upward momentum.

Trading View Bias

Bias: Bullish above ₹535

Short-Term Target: ₹560

Medium-Term Target: ₹600

Caution: Close below ₹510 shifts bias to neutral.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.