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
