Adani Power - LongWill the stock given BO this item. Strong close above 42 can see 55 levels.
Disc: Holding form 35 levels
ADANIPOWER trade ideas
#Adanipowerin making of big breakout above 41.90 level please share your view trend also bullish as per chart
ADANI (1D) BREAKOUTADANI (1D) CANDLE TREND LINE BREAKOUT.
Check other timelines for conformation
For safe trade wait for the pullback.
(Trading is probility)
Adani Power - Potential breakout candidatePower sector in general is starting to look good, Jhunjhunwala in a recent interview on diwali said that a power reforms bill was awaiting approval from the ministry. A strong power reform bill could be a historical tirgger for India. We have been awaiting such a bill since 2010.
Adani Power is on the verge of breaking out. Its crossed its 200EMA and is closing in on its 200WEMA.
A long position can be taken here with a stop loss of 39.40.
Would look to double my position whenever the price goes above 42.50.
ADANI POWER: 3 Rounding Bottom on Daily ChartBullish:
Buy Range : 36-38.5
Target: 54, 64+
SL: 34 (1 day close Base)
Risk is yours and Reward is too yours totally.
ADANIPOWER is at Strong Support areaAdanipower is trading at strong support zone, between 36.75 and 36.15.
The price is retesting this area for a month, but it can't break it.
The recent double bottom pattern indicates a probable reversal.
The bullish breakout on firday suggests that the stock has potential to go up till 38.50 / 39.70 levels from this area.
Adani Power Bullish Stock Long term MultibaggerSwing Long Adani Power
Buy above weekly Closing of 42
Target 1 - 47
Target 2 - 55
Stop Loss - 37
ADANIPOWER ANALYSIS 10.09.2020BUY 37 TO 36
TARGET 38 TO 39
ONCE IF IT BREAK 39 AND CLOSE ABOVE 39 IN DAY CANDLE .NEXT TARGET UP TO 41 TO 44.
i think aggressive movement yet to come WAITING !After bull rally now in retracement phase and bull run yet to resume.
WAITING FOR BREAKOUT ! Continuation pattern forming and wait for breakout that is breaking trendline.
