ADANIPOWER trade ideas
Adani Power near all time highPossible breakout can happen as it is near All time high of 106-107 levels. Broke 100 level comfortably today and closed just behind all time high, which shows highly bullish signal.
Entry range: 104-107
SL:99-100
Target for Monday: 109-110(UC)
Exit strategy: Shift your SL to 106-107 if it breaks in next few days and carry your position till you see rejection candle. After breaching All time high, 106-107 levels become a huge support level.
Note: Consider these analysis as my personal belief, shared purely for educational purpose.
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
ADANIPOWER : reason to be a multibagger ?adanipower cmp 105
stock has multiple bullish patterns
1. flag pole formation breakout on higher time frame
2.triangle compression breakout on lower time frame
volume figures also is showing on higher side in multiple time frames.
its on the verge of breakout at price level 108
buy and accumulate till 99 keeping stop loss 88 on weekly closing basis
for targets 138/160+ (short term and long term breakout )
Bullsih flag about to break with big volumeTarget would be 112/120/128/140.
See the chart for more info.
Multiyear Breakout.Momentum is very high and we are keeping a target of 140.Also there is Volume spike.
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 ascending triangle Adani powe ascending triangle pattern most probably will be going to ATH.
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
Take a look guysadani power in side ways after breakout, any time the stock will move upside. also this consolidation is very effected in the last triangle pantern.
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.
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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.
Adani Power 24-05-2021ADANI POWER TECHNICAL ANALYSIS
CMP- 101.10
-Bullish setup
-Symmetrical triangle formation
-Formed same Pattern in past and given BO
Let's see will the history repeat itself ??
Buy 102 aggressive target adani powerFirst Target 142 2nd target 208 S/L 67 Adani power hold 6 months to 1 year achieved the target
