JPPOWER - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 3.1

Here’s a detailed technical analysis of Jaiprakash Power Ventures Ltd. (JPPOWER)

📊 Trend Overview

Current Trend: Consolidating with bearish undertone

Price is hovering near the 50-DMA (₹19.1) and slightly above the 200-DMA (₹17.7), suggesting indecision.

RSI at 47.0 is neutral, indicating lack of momentum.

MACD at -0.11 is slightly negative, hinting at weakening trend.

Volume is below average, showing reduced participation and conviction.

📈 Moving Averages

50-DMA: ₹19.1 — Immediate resistance.

200-DMA: ₹17.7 — Long-term support.

Price Action: Trading between key averages, indicating consolidation.

📉 Momentum Indicators

RSI (14-day): 47.0 — Neutral zone, no clear buy/sell signal.

MACD: -0.11 — Bearish crossover, momentum fading.

Volume: 2.07 Cr vs 1-week avg of 2.43 Cr — Lower volume, weak conviction.

📊 Bollinger Bands

Price likely near middle band — low volatility.

No breakout or squeeze pattern detected.

📌 Support & Resistance Zones

Level Price (₹) Commentary

Support 1 17.7 200-DMA, long-term support

Support 2 16.5 Previous swing low

Resistance 1 19.1 50-DMA, immediate resistance

Resistance 2 21.5 Trendline resistance

🎯 Entry & Exit Zones

Optimal Entry: ₹17.5–₹18.0 — Near 200-DMA with tight stop-loss.

Exit Zone: ₹19.5–₹21.5 — Resistance zone for profit booking.

🔍 Short-Term Signals

Momentum: Weak — MACD bearish, RSI neutral.

Breakout Potential: Low — No volume surge or band squeeze.

Bias: Cautious — Wait for breakout above ₹19.1 or bounce from ₹17.7.

🧭 Summary

JPPOWER is currently consolidating with weak momentum indicators. Price action between moving averages and declining volume suggest indecision. Traders should wait for confirmation above ₹19.1 or a bounce from ₹17.7 before initiating positions.

Sources: ET Money Technicals

1

, JP Power Share Analysis Video

2

Would you like a trendline chart or alerts for breakout confirmation?

1

www.etmoney.com

2

www.youtube.com

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