NeeteshJain
Long

Adani Power - Trending Up

BSE:ADANIPOWER   ADANI POWER LTD
It is been observed on the hourly chart that the price action is trending up by forming higher highs and higher lows. Now, it shall further move up from current levels if the trend sustains.

Target 1: 34.50

Target 2: 35.50

Stoploss: 32.50
Trade active
Comment: Stoploss changed to 32.10.
Trade active
Trade closed: stop reached
Breached the stop loss today. Should we sell or hold?
+1 Reply
@monal94, Yes, kindly exit. Regards
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Thanks for the prompt update on this idea. It kissed the stop and was wondering what to do.
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@NeeteshJain what is the timeframe for target 1 ?? today market is down , any changes on the particular stock price
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NeeteshJain RizvanHawaldar
@RizvanHawaldar, It shall reach to target within a week time span. Regards
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dharshansastry NeeteshJain
@NeeteshJain, How do you filter stocks for channels pattern or any other patterns - Do you use any tool to identify such patterns ?
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