🔰 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...
Near Pennant Or Flag Breakout Buy On Any Day Close Above 107 Strict SL - 89.9 (DCB) Target - 155
ADANI POWER, resistance breakout done, very good setup for buy side, buy now with SL below 94, small SL and big gains.
In march I was able to capture its move , similar pattern it is making now . In the coming days it is going to give brakout and it will fly again . With stocks like adani power it is good to take risk as it surges really fast . I will enter even before brakout you can also think like this.
if it breaks the resistance of 110 rupees we can expect upto 150 rupees if breaks the trend line ..will wait for the monthly correction to buy at the correct price..
ENTER ABOVE 100 FOR A TARGET OF 120.
stong resistance 7 times from a single trend line!
maybe the breaking the line will give huge points different
CMP - 89.30. Stock taken support at previous high, respecting the higher high pattern. The upper circuit on Thursday was supported by higher volumes. Targets and SL mentioned in the chart. Disc - Only for learning purpose. Not SEBI registered. I have already entered the trade on Thursday @83. Do your own analysis before entering.
85.02 will be the reversal point for Adani power
Adani Power looks bullish. Can book for short term target. Disclaimer - Only for educational purpose.
NTPC CONTRACTION PATTERN A GOOD VOLUME BREAKOUT CAN TAKE IT TO HIGHER LEVELS CAN SHOW LEVELS OF 112-116, IF SUSTAINS ABOVE 108, MAJOR RESISTANCE AT 123-126
At the support and About to bounce back
As price is touching upper circuit every day but the RSI is decreasing and moving sideways as price increasing. It might be an indication for the big downfall in near future
Buy Adani Power Closing Price - 79.8 Strict SL - 67.9 Target - 115/125++