JPPOWER - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Technical Rating: 3.7

Here’s a detailed technical breakdown of Jaiprakash Power Ventures Ltd (JPPOWER) and its short-term outlook

📊 Trend Analysis

Current Trend: Uptrend with mild bullish momentum

Price Action: Trading above both 50 DMA (₹19.4) and 200 DMA (₹17.2) — confirms bullish structure.

52W Index (59.2%): Price is in the mid-range of its 52-week high (₹27.7), suggesting recovery from lows but still below peak levels.

📈 Momentum Indicators

RSI (53.3): Neutral to bullish — indicates moderate strength without being overbought.

MACD (0.63): Positive crossover — supports bullish momentum, though not very strong.

Volume: Slightly below 1-week average — suggests consolidation or cautious accumulation.

📉 Volatility & Bands

Bollinger Bands: Price likely near mid-band — no breakout or breakdown signal.

Beta: Moderate volatility — price may respond to broader market cues.

📌 Support & Resistance Zones

Level Price (₹)

Immediate Support 20.5 (recent pivot)

Strong Support 19.4 (50 DMA)

Resistance 1 22.2 (minor supply zone)

Resistance 2 24.5 (swing high)

Resistance 3 27.7 (52-week high)

🎯 Entry & Exit Zones

Optimal Entry: ₹19.4–₹20.5 (on pullback or near support)

Exit / Profit Booking: ₹24.5–₹27.7 (if price rebounds toward resistance)

🔍 Short-Term Signals

Momentum: Mildly bullish — MACD and RSI support upside, but volume suggests caution.

Trendline: Price holding above key support trendline — no breakdown signs.

Consolidation: Likely — price hovering near support with subdued volume.

Would you like to compare this with other power sector stocks like NHPC or SJVN for relative strength and breakout potential?

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