SJVN LTD
Panjang

SJVN is ready for upward rally.

SJVN and IREDA has signed an MOU with Nepal govt to set up the Hydro electric project for an estimated cost of 91Billion Rs.

Technially SJVN is completed a long term consolidation at the demand zone and today's candle shows a 6% strong buying with above average volume.
From all these factors, I am expecting a upward rally with 14% first target and another 13.5% second target in this Power Stock.

All of my analysis is only for study purpose.
Chart PatternsFundamental AnalysisTrend Analysis

Penafian