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mdamin786
Mar 23, 2021 2:02 PM

Adani Power long term view on Monthly tf Long

NSE:ADANIPOWER1M
ADANI POWER LTDNSE

Description

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Adani Power long term view correction is on the card before starting upward journey as Relative Strength index RSI is in highly overbought zone almost 80 can reverse from 106-116 in between. Best buy is from 94-87.
Kindly motivate us by giving likes so we can bring more profitable setups

Disclaimer: Only for educational and learning purposes.

Trade closed: target reached

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Target achieved successfully 165
Trend AnalysisWave AnalysisChart PatternsADANIPOWERchartanalysisTechnical Analysis
Comments
msadiqsalman
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Adani Power at 154 ....what next . Should we expect a reversal??
mdamin786
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@msadiqsalman, will see later ...
chandravirtusa
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Very good Analysis and happened exactly
mdamin786
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@chandravirtusa, have you bought it?
chandravirtusa
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@mdamin786, Yes 2000 qty at 74 Rs
mdamin786
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@chandravirtusa, good decision maximum down fall 60-65 not below that
chandravirtusa
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@mdamin786, Thanks a lot for confirming on support price
chandravirtusa
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@mdamin786, could not exit at 106 Rs as I was thinking long-term
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