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ADANI POWER- ROUNDING BOTTOM FORMATION
ADANI POWER LTD
Long
ADANI POWER- ROUNDING BOTTOM FORMATION
By mayank79
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Oct 21, 2021
3
Oct 21, 2021
adani power cmp 120-125, SL rs 100 DCB. Tranch 1
buy cmp 120-25, tranch 2 buy on closing abv 150,
tranch 3 buy on closing abv 170.. tgt 265-270.
large rounding bottom formation on daily charts. Mnthly ADX suggesting strong
momentum. Power sector tailwinds.
Time horizon 3-4 months
Regards
mayank
21/10/21
ADANIPOWER
Trend Analysis
mayank79
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