Adani Power: Powering up...
Updated
After a 69% correction, the stock price has recovered to form a cup and handle pattern.
Ideal buy zone between 410-425.
Initial targets of 500 and 570. Revision, once these levels are achieved.
On the downside, 345-300 can act as important levels. Caution below 288.
Always keep a strict stop loss of 5-8% and follow proper risk management.
Note: Not a buy/sell recommendation.
Ideal buy zone between 410-425.
Initial targets of 500 and 570. Revision, once these levels are achieved.
On the downside, 345-300 can act as important levels. Caution below 288.
Always keep a strict stop loss of 5-8% and follow proper risk management.
Note: Not a buy/sell recommendation.
Trade active
Up 12% as of now. wait and watch for price action.Note
Level of 500 hit.Trade active
2nd Target of 572 achieved.
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