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NeeteshJain
Apr 19, 2017 7:05 AM

Adani Power - Trending Up  Long

ADANI POWER LTD.BSE

Description

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

Comments
monal94
Breached the stop loss today. Should we sell or hold?
NeeteshJain
@monal94, Yes, kindly exit. Regards
76764554
Thanks for the prompt update on this idea. It kissed the stop and was wondering what to do.
RizvanHawaldar
@NeeteshJain what is the timeframe for target 1 ?? today market is down , any changes on the particular stock price
NeeteshJain
@RizvanHawaldar, It shall reach to target within a week time span. Regards
dharshansastry
@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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