JSWENERGY – Breakout Watch Near ₹307

JSWENERGY has been consolidating in a tight range between ₹298–₹307 after a previous dip, and is now showing signs of a potential breakout setup.

🔍 Key Observations:
📉 After a sharp correction, price found support near ₹300 and has since been trading sideways.
📊 Multiple bounces from ₹300–₹301 show strong buyer interest at that zone.

🔼 ₹305–₹307 remains a stiff resistance; price needs to break this zone with volume for upside momentum.

🔕 Volume has remained low during this consolidation, which is typical before a breakout move.

✅ Bullish Scenario (65% Probability)
🔔 Trigger: Breakout above ₹307 with high volume
🎯 Target 1: ₹315
🎯 Target 2: ₹325
🔒 Stop-loss: Below ₹298

❌ Bearish Scenario (35% Probability)
🔻 Trigger: Breakdown below ₹298
🎯 Target 1: ₹290
🎯 Target 2: ₹280

📌 Trading Plan:
Wait for a breakout above ₹307 with volume. Ideal setup would be a breakout and retest of the ₹305–₹307 zone, followed by momentum continuation. Avoid pre-emptive entries inside the range.

💬 What do you think — will the ₹307 barrier break this week?
Drop your views, chart setups, or alternate levels in the comments!

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