ADANI POWER -INTRADAY SETUP - 28/01/2022

Updated
ADANI POWER as intraday pick as on 28/01/2022 due to BULLISH technical signals on 15 min, hourly, daily chart. stock had strong breakout after consolidation around 100 level and seen bullish indicators at current cmp .. stock trading exactly at 200 SMA support on daily chart, on 15 min chart
stock trading above 20,50 SMA . bullish w Pattern seen on chart trend showing at upword direction from now. !


BUY ADANI POWER @ 105.65

Target 107-108-110 - intraday

stop loss 103


** THIS IDEA IS FOR EDUCATIONAL PURPOSE..DO OWN ANALYSIS...TAKE CALL AT OWN RISK. !

HAPPY TRADING. !



Note
1st target 108 HIT. !

trade on for 2nd target 110..
Note
HIgh point of the day from buy level 105.65 is 109.30 good profit margin from Buy level ...seen correction after that. overall INTRADAY successful trade. !

Happy trading. !
adaniChart Patternsintradaypower

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