Bullish flag pattern in Adani Power
Updated
In Oct 18, there was monthly breakout
On weekly basis - trend is uptrend
Trading above 50 & 200 EMA on weekly chart
Formed the bullish flag pattern. If it goes up then next targets could be 67, 73, 90.
On weekly basis - trend is uptrend
Trading above 50 & 200 EMA on weekly chart
Formed the bullish flag pattern. If it goes up then next targets could be 67, 73, 90.
Note
On daily chart too, you can see the flag patternNote
Yup, it is a breakoutNote
High 69.9First target achieved
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