JSWENERGY presents a compelling buy-side technical rationale consolidating above key pivot support at ₹504 with bullish moving averages alignment (5/10/20/50 SMA all bullish) confirming uptrend resilience despite short-term correction. RSI neutral at 56.60 reflects healthy momentum buildup without overbought conditions, complemented by positive MACD (6.18) and ROC (4.63%) signaling renewed buying conviction. Higher lows formation near S1 ₹496 creates favorable risk-reward setup—attractive long entry targeting R1 ₹526 resistance with protective stops below S2 ₹474 for excellent upside potential in this renewable energy leader.
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