JSWENERGY ( Cash segment ) has been closed at 88.20.
This stock has given a beautiful breakout and clearly visible in the chart
given below. Please have a look at it. We are trading in the highest band of
price so extreme caution is a must. One can definitely initiate
a long position
in this stock for the targets of 91 and 94. A strict and closing basis Stop
Loss must be maintained at 85. Since we are trading on the highest level ever
in the NIFTY, along with strict Stop Loss and discipline, quantity is also a
part of the trading strategy. Please keep the quantity as per your appetite and
loss bearing capacity as per the Stop Loss recommended.
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