Adani power has completed wave 1 and 2 and now it is in wave 3, daily macd has also given positive crossover along with bbc and trendline breakout with good intensity of volume, if wave 3 is going to be equal to wave 1 then it can be at 135 levels and if wave 3 extends by fibonacci 1.618% the it show atleast 162 or more, overall one can go long with mentioned key levels for mentioned targets.
breakout with volume wave structure and key levels macd in td macd in wv bbc in daily bullish ungali in daily rsi in daily above 60 and uptick
Disclaimer i am not sebi registered analyst my studies are for educational purpose only please consult your financial advisor before trading or investing