JP power shares rally 7% a week. Should you buy, sell or hold?

JP power shares rally 7% a week. Should you buy, sell or hold?

Parts of Jaiprakash Poledudle Vigrures Ltd (Jp’s power) Develops as much as 4.7% on Monday to hit Rs 24.75 in the NSE, which extends a sharp rally to see stocks that have over 7% last week. Fresh lease comes to heels in a new 52-week length of Rs 24.86, recorded on Friday, July 11.

The stock of power and infrastructure began a year this year, obtained 34.3% of 2025 to 31.5% in the past 12 months. Longer returns returned, with stock increase in 302.2% over the past two years and delivering an eye-wet with 1183% returns in the past five years.

Buyer charts, overbown signals


From a technical perspective, the power of JP is currently trading all eight key to simply shift the feeling of time during periods of time to weather .Momentum indicators. The relative index index (RSI) stood a lift 84.3, a level regarded as loudly overwhelming, which means that the stock can indicate the cracking of close.

At the same time, the moving average meeting meet (MACD) is in 1.7, comfortable with the same signal lines and drop center.

Adtani Buzz and Luzination Hopes


The previous week’s rally was traded in reports that Adani group submitted a bid to obtain a group of mortgages. Vesanta, JSPL, Surksha Group, Dalmia Bharat, and PNC infrate. The suggestions are understood for claiming the company full. Strategic implications in the resolution process brings JP power in sharp study, pricing and action of the number of new sessions.

Analyst View: Key Level and Take Care


According to the Kunal Kamble, the Analyst of the Technical Research of Sr. In the Bonanga portfolio, the power of JP is broken by a 17-month consolidation, supported by increasing the number of integration that reflects the additional interest in buyer.

Kamble explained that the stock is nearly an important resistance of Rs 24, and a decisive close to this level can unlock the most powerful opening of momentum.

The stock position above the key exponential averages that reflect greetings, recovering monthly RSI indicates, which increases that the overall setup suggests the compilation. From a trading view, he sees the scale of fresh entries above Rs 24, with stopping of Rs 17. If the stock can climb Rs 38-45 distance in medium terms.

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(Matan -re: Recommendations, suggestions, views and opinions given to experts themselves. This does not represent views of economic times)

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