JSW Energy Limited
ロング

JSW Energy Ltd (JSWENERGY) – Bullish Continuation Setup

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Price Action

Closing Price: ₹545.50 (Sep 19, 2025)

Recent Performance: The stock has shown a consistent upward trend, with a 1.43% increase on the day and a 3.09% rise over the past week

Key Levels

Resistance Zones: ₹550–₹560 (recent highs), ₹580–₹600 (psychological levels)

Support Zones: ₹530–₹535 (recent consolidation), ₹510–₹520 (previous breakout levels)

Upside Targets

T1: ₹560

T2: ₹580

T3: ₹600 (medium-term target)

Invalidation: A sustained drop below ₹510 would weaken the bullish setup.

Indicators & Momentum

RSI (14): ~65 – Approaching overbought territory; monitor for potential pullbacks.

ADX: ~25 – Indicates a moderate trend strength; watch for acceleration.

MACD: Bullish crossover observed; supports upward momentum.

Trading View Bias

Bias: Bullish above ₹535

Short-Term Target: ₹560

Medium-Term Target: ₹600

Caution: Close below ₹510 shifts bias to neutral.

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