Adani
Breakout Pattern in Adani Gas Ltd.Today Adani Gas Ltd has decisively given a bullish breakout pattern and has closed above its 50days EMA.
Adani Enterprise (pennant and Flag pattern in downtrend)Adani Enterprise has given a breakout from pennant in its downtrend meaning the downtrend will continue from here.
CMP: 134.65
Targets are 117 and 112 with Stop loss (152.45),
Target 3: 80, after falling below 112 you should start trailing stop loss strategy to maximize profit.
After reaching 117 revise stop loss to 134 (sell price), than I would suggest to trade keep this with trailing stop loss.
Let me know If you agree with my idea.
Adani Power Trade Setup !!TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Wait for entry setup, if available then Long/short.
R:R is 3 to 8 times.
Adani Gas hits the JACKPOT... Locked in 10% UPPER CIRCUIT...!!!Adani Gas
CMP 105.80
On a day like today when Nifty is struggling, Adani Gas is up 10%
What this reflects is
1 Every chart can have its own story....
&
2 We always hear "No one can time the market..."
.Sure... There is no denying... Adani Gas took 6 days to break free...
But when it did today... The result is infront of us.
so if you are following levels identified with the help of Technical Analysis, you can surely be in a better position to manage your risk and when time comes you can certainly make the most of it....
Time, Patience and Discipline is all that Technical Analysis asks from us.
Think about it... Charts do try to tell us a lot... Question is Are you willing to listen, learn and make the most from it..???
Take care and happy trading...!!!
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