ADANI POWER Note:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
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ADANIPOWER
ADANI POWER Trade Setup For MondayAs you can see in the chart, Adani Power is taking support from 99,
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Due to the market sentiment stock goes down but in 4 Hour time frame, share made a green candle at the closing.
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So for Monday if stock goes above 103.5, you can buy this trade target is around 108-110.
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What's your view on this comment below in the box.
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Note: Maintain a strict stop loss in this as there is high volatility in the market.
#ATGL ADANI TOTAL GAS #ADANIENT #ADANITRANS #ADANIPOWER #ADANI #ATGL
ADANI TOTAL GAS Ltd.
NSE:ATGL
NSE:ATGL
Risky but could be a great trade
RR Ratio > 2.5
CMP: 1501
Target 1940 almost 30%
SL: 1326
Time < 6Months
Others:
NSE:ADANIPORTS
NSE:ADANIPOWER
NSE:ADANITRANS
NSE:ADANIENT
NSE:ADANIGREEN
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia
ADANI POWER PRICE ACTION ANALYSISAdani power underwent a lot of correction recently but now took the support of a trendline. If the 113 level is crossed, then we might see the above targets.
Here, the targets are forecasted by the XABCD bearish bat and butterfly patterns. This is a very risky trade considering the stop loss level being 20% below the buy level but highly rewarding if the trade goes right.
So, to exit with less loss if the trade goes wrong, follow the trendline and exit when the price breaks this trendline and the immediate lower low.
All the target and stop-loss levels are mentioned on the chart.
Happy trading :)
This is just for educational purposes.
ADANI POWER- ROUNDING BOTTOM FORMATIONadani power cmp 120-125, SL rs 100 DCB. Tranch 1
buy cmp 120-25, tranch 2 buy on closing abv 150,
tranch 3 buy on closing abv 170.. tgt 265-270.
large rounding bottom formation on daily charts. Mnthly ADX suggesting strong
momentum. Power sector tailwinds.
Time horizon 3-4 months
Regards
mayank
21/10/21
Adani PowerAdani power has completed wave 1 and 2 and now it is in wave 3, daily macd has also given positive crossover along with bbc and trendline breakout with good intensity of volume, if wave 3 is going to be equal to wave 1 then it can be at 135 levels and if wave 3 extends by fibonacci 1.618% the it show atleast 162 or more, overall one can go long with mentioned key levels for mentioned targets.
breakout with volume
wave structure and key levels
macd in td
macd in wv
bbc in daily
bullish ungali in daily
rsi in daily above 60 and uptick
Disclaimer
i am not sebi registered analyst
my studies are for educational purpose only
please consult your financial advisor before trading or investing
NIFTY ENERGY SECTOR Headed for a great upmove.NIFTY ENERGY SECTOR is forming and inverted head and shoulder pattern. The sector has broken out on weekly TF. The stocks in this space can move great over the next few weeks.
Your SL in this sector would breaking of right shoulder low.
Look for stocks like Tata Power, Adani Power, GAIL, BPCL expect a good run up in these stocks.
ADANIENT Bullish Trend AlertADANIENT
1. ovee all bullish sentiment intimation price move
2. life time retreacement level 23.8% good positive
3. up trend chennel price movementum going up
4 . flug pattern inside inverted head and shoulder and minor rising wedge pattern price movement
5.last today just healthy retracement price move not down trend stay again bullish
6. mentioned target expect coming day
ADANI PORT SPL - Bouncing Back 🤞 🤞Tested crucial level.
Symmetric triangle
BREAKOUT signal in all indicator , may enter wide monthly pivot level , near 200 MA resistance
Will take a good move from here.
Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade
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