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Stock Radar: 14% in a week! This power generation company gives breakout from 6-month consolidation; time to buy?
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JSW Energy, part of the power industry space, has rallied over 14% in a week which led to a breakout on weekly charts from a 6-month (January-July) long consolidation.The momentum is on the upside, and short-term traders can look to buy the stock for a target of Rs 325 in the next few weeks, suggest experts.The stock rose from Rs 272 recorded on June 30th, 2023, to Rs 310 on 6th July 2023, an upside of nearly 14% in a week.
The power stock, with
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