Powered by: Motilal Oswal
2026-04-23 11:36:04 am | Source: Religare Broking Ltd
Stock of the day : JSW Energy Ltd by Target Rs. 597 - Religare Broking Ltd
Stock of the day : JSW Energy Ltd by Target Rs. 597 - Religare Broking Ltd

JSW Energy Ltd

* JSW Energy exhibits a strong upward trajectory, confirmed by a breakout on the weekly chart above a descending trendline, signaling robust base formation rather than structural weakness.

* Price action remains firmly positioned above a rising long-term moving average, supported by expanding volumes, indicating sustained buying interest.

* Momentum indicators show progressive strengthening, characterized by higher highs and higher lows.

* Market participants may consider aligning positions with the prevailing bullish trend.

Buy JSW Energy Ltd CMP 560.55 Range 558-561 SL 540 Target 597

 

Please refer disclaimer at https://www.religareonline.com/disclaimer

SEBI Registration number is INZ00017433

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here