JSW Energy: Key Fair Value Gap & Order Block Observations

1. Current Market Context (around 495)
Market at 495: Price is sitting just under the 61.8% retracement (labeled ~495 in the chart), so this area is a potential inflection point.
If the market can push and hold above this 61.8% retracement level, it may look to fill higher Fair Value Gaps (FVG) or move toward the next major resistance levels shown near 525–546.

Overhead Zones (Bearish/Resistance)

Bearish Order Block around 561.75
Labeled on the chart as a “Bearish Order Block,” which typically marks an area of possible supply/resistance if price returns there.

Fair Value Gaps (FVG) above current price
Red FVG ~525.95 (Volume 2X, labeled “Strong”): Suggests a relatively strong supply zone or resistance if price rallies.

Blue FVG ~546 (Volume 1X, labeled “Weak”): Another gap above 525.95, though marked “weaker,” so it may or may not offer as much resistance as the 525 level.

These areas form a cluster of resistance—525 to 546—before the ultimate Bearish Order Block near 561–562.

Overall Observations (Condensed)

Immediate Decision Area: 61.8% retracement around 495.

Break above may see an expected move towards 525–546.
Rejection may drop price toward 479.50 or 471–447.
Expected Move Towards (Upside):

525.95 (strong FVG)
546 (weaker FVG)
561.75 (Bearish OB)
Downside Supports:
479.50 (strong OB)
471 (FVG, Volume 4X)
447.30 (weaker OB)


“Strong” vs. “weak” indicates relative importance/volume at each level.