An On Neck Chart Pattern Breakout happened on the weekly Time frame of NSE:ADANIPOWER
Price Action is well supported by the volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list.
Initiate the long trade only according to the levels mentioned.
Risk to Reward ratio will be 1:2...
Hey Folks
New Adani update
After the freefall of adani it is look like it is recovering right??
Nope its just sellers are exhausted for a time being and bears are slowly waiting to trap the new buyers
As we can see rsi is oversold in every time frame and macd is curving to upside.
So how are we going to trade in this market for adani?
just wait and get ready with...
hola amigos,
Another update on adani enterprise
As we can see some order box for this big mover and i know its going to break this support line and gonna fall more but right now rsi is oversold and macd need to curve upward little bit
So, are we in the sideways ?? umm maybe not
First 1500?
second 840??
Third 296??
Reply your Thoughts and if you want me to...
Many of you dont know but you can create an index for yourself. That means charts to be looked for a particular group of companies, or your portfolio, etc.
This helps us to catch momentum not only in 1 stock but for all stocks of a particular group, or industry. Or a mix of these 2 characteristics.
