Not DeadAdani Power bounces into upper circuit from the 108 level. Now all adani stocks will rise.
New investors please stay away from this volatile stock
Message me for faster updates
ADANIPOWER
A critical MondayFollowing up with my previous update, Monday would be very crucial It will definitely fall back to 108 but if there is no pull back, the bearish trend will continue and the price might get caught in the violet zone. Stay put and don't make any foolish moves. Those who have bought at the top please hold and let the price show some trend before we can take any decision. Do not average now until a pattern can be seen. New buyers stay away. Adani is not that green LOL!
Message me of you want faster updates.
Adani Ports; The path takenFor new entry, STAY AWAY. This update is for those who have a position on the stock. I am strongly against averaging but there is a high possibility that the price might go up to the next resistance of 767. There is a strong bullish engulfing candle that has formed on Friday. So if you want you can average your position with a small amount. But do that only once and don't repeat. Averaging has a potential to wipe out your entire account. Best option would be to day trade and make some money to recover your losses. Keep your stop losses tight at 2% from your entry. This is a rule of 2 that I follow myself. BE VERY CAREFUL as things for adani are not looking good as a company per se .
Personally I will not average if you ask m e. See my previous update in the link. Message me for faster updates.
Do Not Average if you've bought at the topThose levels are reacting very well and the price is likely to run along these for some time. If it breaks 691, a huge slump may come. But as of now you can trade between these levels with tight stoploss. Shorting would be ideal.
ADANI POWER: RISK HAY TO ISHQ HAY !!!Strong multi-year breakout in adani power. Buy at cmp for 195+ levels. All oscillators are positive. Chart is self-exlpanatory.
Falling channelYou can only short till it reaches support levels. Do not average and a reversal can be expected at the support levels
Adani Power Short Is that an evening star in formation ?
Firstly there has been two gaupup movement represented by circles. As we know gaps almost are always filled.And the gaps here will get filled only if the price comes down.
Secondly there has been a huge dump of shares as is visible in Volume.
Thirdly the RSI has reached 87.5 and needs to come down.
What do you think. Will the price comedown. Will it form an evening star pattern ?
Adani Power long term view on Monthly tfAdani Power long term view correction is on the card before starting upward journey as Relative Strength index RSI is in highly overbought zone almost 80 can reverse from 106-116 in between. Best buy is from 94-87.
Kindly motivate us by giving likes so we can bring more profitable setups
Disclaimer: Only for educational and learning purposes.
Adani Power: How Technical Analysis helped us capture Big runAdani Power
Closing Price 154.10
Back on December 20, 2021, when Adani Power was trading at 47, this is what I had posted . You can read more in the link below.
Between 38-47 the risk was very minimum. I have my theory that breakouts on the 5th attempt is not an ordinary breakout. I have done that marking in the previous post chart.
This was going to be a case of potential breakout opportunity above 66 where it had already got resisted 4 times. The Gain from the breakout was bound to be high as it had to go through Pain for 8.5 long years.
The target of 115 was done 3 days back, but the stock was in momentum so we rode the movement.
Now, I have highlighted my concern that the chart is reflecting and given my reasons as to why it could be a good price to book profits for the time being.
Choice is yours whether you want to listen to the charts.
Like, Follow for more such ideas...!!! But don't follow me blindly...
Learn to identify such opportunities yourself independently...!🙂
Cheers & best wishes...!!!
Adani Power: Looking for alternative powerAdani Power
CMP 47.35
- We observe a sudden surge in the stock from 34 odd levels to 64
- the red zone has acted as a major resistance zone since 2013
- it again acted as resistance and the stock has tumbled to 47
- this could be a case of pump and dump however at current levels of 47 the stock is at multiple support zone levels
- & if the stock is able to hold on to this zone of 38-47, then the chart pattern has a strong probability to go past the big resistance zone around 66 in it's next attempt
- once it crosses, doors would open up for movement towards 96 / 115 levels
One may consider buying in staggered manner for medium to longer time horizon.
Pattern gets invalidated if trades below 34
Take care & safe trading...!!!
Disclaimer:
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- Do your own analysis and consult your financial adviser if need be
ADANI POWER: ADANI'S POWER PUNCH !!!Buy adani power for 160 levels.
SL: 110, horizon: 21 days. RSI, MACD, SMA, & ADX are very bullish.
Adani Power - Trade Review | Went to Moon🔰Don't enter now | Don't chase the stock | No possible entry now without a huge risk :) - Trade carefully
💲💲 FOLLOW me @Averoy_Apoorv_Analysis and get these free analysis :) 💲💲
🔰 {Some info}
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
<<<<<>>>>>
#POWERGRID CMP236Target258 #ADANIPOWER #TATAPOWER #RPOWER #NIFTYWeekly Chart
#POWERGRID
NSE: POWERGRID
Short Term Quick Profit
CMP 236.25
Target : 258
SL : 226
Timeframe < 30 Days
Can hold for longer time
The BONUS:
The stock is picked up not for this small target.
The Long Term Target is a lot more
This might take around 9-12 months from now.
ITS A BULL MARKET RALLY. Bullish on whole INDIA!
Corrections and then higher highs again.
Factors:
Inverted Head & Shoulder Pattern Forming
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.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
Adani Power - Next multibagger from Adani group? Daily chart of Adani Power is about to breakout from a triangle pattern. Increasing volume over the last few days is a positive sign for the upcoming move. Will this become the latest multibagger from Adani group?
Note: For educational purpose only
Adani Power Positional TradeAdani Power given the Breakout.
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You can buy it once it reach 107.
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Target can be 120 and above, go for Positional Trade only.
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Keep learning keep earning
adani power chart studyAdani power gave breakout of head and shoulder pattern in 1day time frame
it should retest its support 101-104 and then follow the pattern and go up
Cmp:- 105.75
entry :- 101-103 after taking support on 1 day chart
target:- 112,116,118,120
Stoploss :- 99-97
Adani Power - Ready Set GO !!🔰 MY thought process :
⭐Symmetrical pattern BO again at monthly resistance
🔰Am I taking this trade now:
Already in it :)
🔰 {Some info}
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
<<<<<>>>>>
Adani Power Near Pennant Or Flag BONear Pennant Or Flag Breakout
Buy On Any Day Close Above 107
Strict SL - 89.9 (DCB)
Target - 155
ADANI POWER, Resistance breakoutADANI POWER, resistance breakout done, very good setup for buy side, buy now with SL below 94, small SL and big gains.
