JSW ENERGY LTD
Open—525.05--High---531.75---Low—527.55--Close---528.80 on
14.11.2025.
All-Time High:-804.90 made on 24.9.2024.
All-Time Low:-33.65 made in 2013.
Recent Low:-418.75 made on 17.2.2025.
Support:528/518.30/514/511.20/509.40/502.10/499.55/485.50/479/474/470.35/460/451.65/441/418.75/408/404.15.-----
Resistance:538.75/543.10/548.40/552.70/557.40/579/582/588.35/635.55/642.95/650/663.80/674/700.90/718/731.95/741.45/752/776.90/780.30/804.90.
(Bold and underlined figures are most important).
It is still into corrective mode but seems that shaping up well for an up move as it is above its critical range of 528—523---510 and if it sustain above 528 on the closing basis then the broad upside target could be 567---612 and if it moves above 642.05 and sustain on the closing basis then it can extend the up-move and the broad upside target could be 658---714---728(for in between resistance points see the resistance table on the upside) it may correct at any of these points and then may resume the up-move again or it may halt the up-move and move sideways for a while, but if it moves above 728 and sustain on the closing basis then it could retest its all-time high of 804.90 or may go beyond it also.
Similarly break and sustained close below 510 can drag it down to the range of 485---474 this is a strong bounce back range, but if breaks below 474 and sustain on the closing basis then it may witness an accelerated fall and can drag it down to lower levels and in that case the worst price for the stock could be in the range of 440---420 as of now, but it has to be reviewed from time to time.
Since, it is above its critical range 528---523---510, therefore stock can be bought if it maintains above 528 or
within this range with a stop loss
of 500 so that you can track the stock
regularly. Please note that one can add on the quantity only once it moves
above 550 and sustain on the closing
basis with an appropriate stop loss.
IMPORTANT: DO NOT TRADE OR INVEST WITHOUT STOP LOSS.
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. This is for 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.