Adani Power Limited
Long
Updated

ADANIPOWER- Cup and handle breakout.

1 560
Successful multi year breakout with cup and handle pattern, price closes at fresh all time high and also closes above upper Bollinger band.
Tgt-1 237
Trade active
Going strong, reached 215.
Note
Going strong today. It reached 227.5.
Note
After a strong rally price is taking a pause.
Trade closed: target reached
our target cup and handle pattern reached here price closed at 248, total 18% gain
it is still in strong momentum one can hold this stock with proper trailing stop loss

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