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2025-03-05 11:53:18 am | Source: Religare Broking Ltd
Stock of the day : JSW Energy Ltd For Target Rs. 511 - Religare Broking
Stock of the day : JSW Energy Ltd For Target Rs. 511 - Religare Broking

JSW Energy Ltd

Buy JSW Energy Ltd CMP 481.25 Range 480-482 SL 466 Target 511

* JSW Energy has established a base at its 200 WEMA support, aligning with the 61.8% retracement of its previous upward move.

* On the lower time frame, the stock is forming an inverted head and shoulders pattern, signaling a potential trend reversal.

* The base formation, accompanied by strong volumes, indicates accumulation at lower levels.

* Given these technical factors, traders may consider long positions within the specified range.

 

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