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Bullish flag pattern in Adani Power
ADANI POWER LTD
Education
Bullish flag pattern in Adani Power
By utkarsh1979
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Updated
Sep 7, 2019
0
Sep 7, 2019
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.
Sep 7, 2019
Note
On daily chart too, you can see the flag pattern
Sep 12, 2019
Note
Yup, it is a breakout
Sep 28, 2019
Note
High 69.9
First target achieved
ADANIPOWER
Support and Resistance
Trend Lines
utkarsh1979
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