utkarsh1979

Bullish flag pattern in Adani Power

Education
utkarsh1979 Updated   
NSE:ADANIPOWER   ADANI POWER LTD
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.
Comment:
On daily chart too, you can see the flag pattern
Comment:
Yup, it is a breakout
Comment:
High 69.9
First target achieved
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