ADANIPOWER is showing all signs of bottoming out and could give a major breakout upon a weekly candle close above 70. One can keep this in the watchlist. Keep following the post for more updates
Hare Krishna ! Selling here. “Most of the world is covered by water. A fisherman’s job is simple: Pick out the best parts.“ Good Luck
Looking to Buy Adani power here due to lot of strength in the stock. Will be executing today Hare Krishna ! Good Luck
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. RR= 6-8 times Will Update the 2nd Entry if it comes .
NSE:ADANIPOWER buy between 63 - 63.7 SL 61.8 T 66.4 68.6 71.7
Adani Power CMP 65.2 At Cmp and on dips towards 58 the stock can be looked for buying. Target for the current setup 84 / 91 Momentum on close above 70.40 Take care & safe trading...!!!
As you can see,H&S has been formed on the daily with the right shoulder forming into a nice descending triangle.The bear volume rising consistently supports the analysis.Hedge your positions if long.
Buy today @ 52.50 for short term profit 5-10%
AdaniPower has been on a bull run from a long time, but it looks like it wants to take a break. The volume is decreasing and it is also forming a head and shoulder (Trend reversal). Wait for it to break the trend and retest to play it safe. Because it might end up playing the triangle and pump (the possibility is low for now, but to be on safer side, wait for it...
I've observed a good Flag pattern trade, which could reward well in short term. One can buy the stock with the following details Entry 49.50 SL 46 Target 59.80 Risk/Reward Ratio 3 Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
ADANIPOWER cross overbought zone and ADX storng trend keep watch for pullback if beak Upward then enter the trade SL use for 2% Rule
Buy ADANIPOWER betwee-34.50-33.50 T1: 37 T2: 42.50 SL: 32
Adani power may move upto target(shown in graph). Wedge pattern breakout done already. Descending channel breakout may happen upcoming days. Both pattern shows same target only. Vijayaraghavan, Kovilpatti
NSE:ADANIPOWER has printed a bearish pin bar today ... so i will go short tomorrow