ADANI POWER - Swing Trade Analysis - 10th May #stocks

ADANI POWER (1D TF) - Swing Trade Analysis given on 10th May, 2024

Pattern: FALLING WEDGE BREAKOUT
- Daily Resistance Breakout - Done ✓
- Volume Buildup at Resistance - Done ✓
- Demand Zone Retest & Consolidation - In Progress

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Trade active:

ADANI POWER Update (as on 14th May, 2024)

✓ 5.5% Up in 2 Sessions

- Retested our demand zone for a clear entry
- Strong volumes building up today

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Trade active:

ADANI POWER Update (as on 21st May, 2024)

✓ 14% Up in 5 Trading Sessions

- Target Level Achieved with a Strong Breakout
- Tight TSL

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Trade active:

ADANI POWER Update (as on 26th May, 2024)

✓ 17.5% Up in 8 Trading Sessions

- TSL is on

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