LONG only aboveLong above 65 for TGTS of 69-75.. sl 62... Just a VIEW BETTER SEEK PROFESSIONAL ADVICE..
ADANIPOWER trade ideas
ADANI POWER TRIANGLE BREAKOUTIn the above chart, we can see the price breaking out of the symmetrical triangle formed at the Daily Time Frame. The stock showed good volume and can give at least 8% move within the next few days.
Enter the trade at Market Price with a stoploss @ 49.50
Trade with proper risk management!
Happy Trading!
Adani Power - Bearish Bat (Buy First & Sell Later)Plan A
Strictly Buy Above 55 - Target 60/61
Plan B
Sell At the Tops in PRZ (Potential Reversal Zone) & Channel Top
Sell only if stock halts in 60-62 zone post achieving upside target from plan -A
Thanks & Good Night!
#AdaniPower Fib retracement support - looks good for 10% returnsBuy at 47 level for the target of 50+
Watchout for Resistance breakoutThe stock has taken support at lower TL and above 52.5 can go up to test upper TL.
Adani Power Swing TradeMACD has crossed the signal line with good volumes and a RSI of 65 (shows good momentum).
Adani PowerAs Price has retested the major level after falling from monthly supply zone as well as resistance and now price has formed a symmetrical triangle pattern and the price is moving again towards the resistance....if want to make an entry go at lower time frame ..Do not make an entry at my analysis these analysis is only for education purpose....
Long Adani Power!Buy Under 50.5
Target = 55
Stoploss = 49.5
Breaking resistance and SRT-Algorithm indicating Buy.
Showing uptrendShowing uptrend. Yo can also consider for log term investing.
Disclaimer: It is not recommendation and it is only my view on this stock. Research and consult with your financial advisor before action.
Great Swing opportunity in Adani Power Adani Power had a breakout today and will head for higher targets in coming days.
Good for a swing trade.
Bullish ,longSeems 🐂 above 49 for the price of 64 ...
Might touch 64 by end of Jan or mid of feb
Must watch stock
Look for bullish sign near 49 in day candle
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
- and exactly from those levels 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
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 went ups sharply and came down as well: Key level 42We traded from 42 to 61 and tried to buy on the decline but did not work, now key level to watch 42 which was the breakout level
