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JSW ENERGY Share Tips, Technical Analysis Chart, Intraday Stock Trading Graph Advice - Stock is moving in a strong range bound zone, stock to favor bulls once it closes above 87. (Updated on 08th September 2014, Monday).


JSW ENERGY




  • JSW ENERGY is moving in a range bound zone , chart indicates we can see sharp action in this stock when it comes out from its range bound zone, upper side stock will find strong trend line resistance @ 84.50 and 87, once JSW ENERGY closes and stays above 87 then sharp move is expecting for next few trading days by bulls, as shown in chart no1.
  • As per graph no2, from last 3 times stock is bouncing back from 100 DMA , so as long as JSW ENERGY holds above it will be favored by bulls, but if stock closes below 100 DMA then stock will show first sign of weakness , at present stock major trend indicator like "MACD" and "Stochastic Oscillator" is moving in a positive zone, this view indicates that as long as stock moving in +ve zone stock price can get improve from current levels.
  • If stock moved up from current levels, and closes and stays above its resistance @ 87 then JSW ENERGY will find next strong resistance around 97 its 161.8% fibonacci retracement, close watch.
  • Click here to see all the free trading reports (tips) published by us on JSW ENERGY.
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What is Intraday Tips ?

Q. What is Intraday Tips / Inraday Trading / Delivery trading.

A. There are basically two types of trading on stock market--
1- Delivery
2- Intraday

Delivery trading is one in which shares are bought and can only be sold after they are delivered by the broker.that means that they cannot be sold the same day , and delivery takes two to three days after they are bought and then they are ready to be sold.

Intraday trading which takes place for that very particular day and there is no delivery..they can be bought and sold the same day...and are automatically sold at the end of the trading session if you have not sold it by yourself during the trading session. The person who suggest such types of forecast is called

Intraday Tips

.