JSW ENERGY LTD
TTM/EPS;-Rs.11.16 (-0.39%yoy)
TTM/PE:-46.42(High) /SECTOR PE:-26.99(It is high PE stock}
BOOK VALUE:-Rs.160.05
PRICE TO BOOK VALUE:-3.24
DIVIDEND YIELD:-0.39%
FACE VALUE: - Rs.10/
EQUITY: - 1745 cr.
SHARE HOLDING PATTERN: - PROMOTER—69.26% ---FII---13.43%----DII---10.94%----PUBLIC---3.58%
& OTHERS---2.77%.
All-Time High: --804.90 made on 24.9.2024.
All-Time Low: --33.65 made on 6.8.2013.
Recent Low: - 418.75 made on 17.2.2025.
Open---531.45----High---532.85---Low—512---Close---518.10 on 25.7.2025.
Support:502.10/484.10/479/474/467.10/460/452.20/441/418.75/404.15.
Resistance:521.55/528/538.75/543.10/579/582/588.35/632.50/635.55/642.05/650/662.20/676.25/700.90/741.45/748/757/776.90/780.30/804.90.
(Bold and underlined figures are most important)
Technically it is still on a weak footing but seems that it is shaping up well, but it may take time to get back into up-momentum track again. Please note that at present it is moving in a very important range of 543.10----502.10-----474 now, moving down if it holds the level of 502.24 & 474 on the closing basis, then the chances of up move will be alive, but break & sustained close below these points can drag it down to 450---441—418.75 levels , this is a very strong bounce back range , but break & sustained close below this range can drag it down further and the worst price range for the stock at this point of time seems to be in the range of 345----325, it is a strong bounce back range but if it moves below this range and sustain on the closing basis then it may witness an accelerated down move and it can drag it down to much lower levels. Similarly if it moves above 543.10 and sustain on the closing basis then it will be a trigger for a potential up-move , but it will get into the strong up-momentum track & may witness an accelerated up-move once it moves above 582 and sustain on the closing basis and then the broad upside target could be 607---654---711---726---804.90(for in between target points see the resistance table on the upside), it can correct at any of these points and may resume the up move again or pause for a while, but if it moves above 726 and sustain on the closing basis then it could retest its all-time high of 804.90 or may go-beyond it also.
In view of the above observation for investors it is suggested not to hurry for buying but can accumulate very small quantity on every reasonable or sharp decline but not below 474 with a strict stop loss of 467 on the closing basis. For traders long trade can only be tried if it moves above 543.10 and sustain on the closing basis with a stop loss of 535 else avoid. Please note that it may give a return of 25—35% or more in a time frame of 12-15 months.
NOTE: - DO NOT INVEST OR
TRADE WITHOUT STOP LOSS. IT IS VERY HIGH PE STOCK, SO BE WATCHFUL.
NOTE: - It is a technical assessment of the stock as of now, the
technical interpretation changes with the price movement and time, therefore it
has to be reviewed at regular intervals, furthermore investors are advised to look into
fundamental, financial details of the company because that too keeps on
changing and last but not the least management perception for the future of the
company before taking investment decision.
Disclaimer:-The view expressed here are solely of the author and he is not at all responsible in any way for the outcome of the trade you enter based on the above view. It is for the educational purpose.
Kindly note that make your cost your stop loss in favorable trade and then trail it as the price move up/down to gain maximum profit and avoid losses. Use support and resistance levels as entry, exit, target and trailing stop loss points. DO NOT TRADE WITHOUT STOP LOSS.
Note: Price stated here are of spot market.
Contact me for strategic guidance to enter and exit trade.
Thanks
Narendra Kumar Surana
Mobile—8240951127/9831313654.
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