JSW ENERGY- Daily Timeframe-Bullish pattern

26 thg 6, 2023

JSWENERGY

From March-2023 Stock is taking rejection from bottom trendline and on the upper side sellers are trying to sell it around 275-277 levels (resistance zone).

However, the swing lows are shifting up side (Higher lows) which is a sign of strength, sellers are not able to drag it below previous swing.

Currently it has taken support on the trendline 5th time and it’s near its rejection zone.
Stock has good potential to go upside in upcoming weeks.


This is only for educational purpose, please manage your risk accordingly.