ADANI POWER - Swing Trade Analysis - 10th May #stocksADANI POWER (1D TF) - Swing Trade Analysis given on 10th May, 2024 Pattern: FALLING WEDGE BREAKOUT - Daily Resistance Breakout - Done ✓ - Volume Buildup at Resistance - Done ✓ - Demand Zone Retest & Consolidation - In Progress * DisclaimerLongby TradeRyteStockzUpdated 12
MACD Crossover Swing Trade📊 Script: ADANIPOWER 📊 Sector: Power Generation & Distribution 📊 Industry: Power Generation And Supply ⏱️ C.M.P 📑💰- 628 🟢 Target 🎯🏆 - 668 ⚠️ Stoploss ☠️🚫 - 611 📊 Script: HUDCO 📊 Sector: Finance 📊 Industry: Finance - Housing ⏱️ C.M.P 📑💰- 233 🟢 Target 🎯🏆 - 246 ⚠️ Stoploss ☠️🚫 - 228 📊 Script: JSWINFRA 📊 Sector: Marine Port & Services 📊 Industry: Miscellaneous ⏱️ C.M.P 📑💰- 259 🟢 Target 🎯🏆 - 278 ⚠️ Stoploss ☠️🚫 - 250 📊 Script: METROBRAND 📊 Sector: Leather 📊 Industry: Leather / Leather Products ⏱️ C.M.P 📑💰- 1081 🟢 Target 🎯🏆 - 1153 ⚠️ Stoploss ☠️🚫 - 1044 📊 Script: HBLPOWER 📊 Sector: Auto Ancillaries 📊 Industry: Auto Ancillaries ⏱️ C.M.P 📑💰- 521 🟢 Target 🎯🏆 - 559 ⚠️ Stoploss ☠️🚫 - 504 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂Longby radha_23Updated 117
AdaniPower -My View • a good closing on hourly or 30min candle i may ride. • i may look higher high price candles in small time frame with volume while making entry. • higher the price sustain near 650 better the chances of a good upside • any rejection i seen on chart from upside, than i will prefer to wait keeping eye until it crosses 645 -50 by Chandragopal332
Adani Power Update 9 May (5May / 28April)As mentioned in the 5th May post, any fall towards 570-560 levels can be treated as an opportunity to buy. The stock shot back up to 610+ levels today (9 May’24). It could still spend some more time but 20% in near term is very possible. Have conviction in the idea even before you invest Rs 100 in it. This is not a trade recommendation. Please do your own due diligence/analysis.Longby DhandhaPaani1
Adani Power Target IntactAs always, expectations from Adani Power Q4 results were very high and even though results were good (except for higher tax amount), there is a sense of disappointment in the street. The story remains intact; may be some more consolidation. Any panic fall towards 570-560 due to rumours/news should be treated as an opportunity to buy. This is not a trade recommendation. Please do your own due diligence.Longby DhandhaPaani1
Adani power--Ascending triangle --Breakout level 574 --wait for the breakout --Adani group in focus --Target 757 Disclaimer: - The view expressed here is my personal view - 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 neededLongby shreks14Updated 6
Old Adani Habbit - 30% returns....This stock always moves in the same way hIGHER hIGHS HIGHER LOWS.... park the money and 25-30% gains in the upcoming month Longby rohannegi21120
Adani Power quick 20%The stock is in Wave (v) of III and is likely to hit 730+ which is 1.618 level as seen in the chart. It was in a long consolidation ie Wave (iv) of III from Dec 2023 until Mar 2024. The move from current level (591) could be brisk since Q4 results will be declared on 1st May 2024 (trading holiday). This is not a trade recommendation. Please do your own due diligence.by DhandhaPaani112
Adani Power- In consolidation to gain powerAdani power- Already C&H breakout target in monthly timeframe is 733. Now the flag formation in 4 hours timeframe confirms the same target as can be seen in the chart. Longby Flash_J2
Adani power gives target 100% adani power is in buying trend and also a stock among all adani stock who breaks its all time high it means buyers are more intrested in adani power among all adani stocks and acording to darvax mathod after consolidation it gives clear breakout and can give good upside move target calculated according to fibonacci and wd gann method Longby intradaytraders0011123
Adani power on the move## Adani Power: Recent Performance and Potential **Adani Power** has demonstrated a strong performance this week, experiencing significant gains. This positive momentum suggests a potential breakout and continued upward movement. **Factors Supporting Adani Power:** * **Increased Power Demand:** As summer approaches, power demand is expected to rise, potentially benefiting companies like Adani Power. * **Technical Analysis:** The stock's recent price action indicates a bullish trend, characterized by higher highs and higher lows. * **Fibonacci Retracement:** The successful break above the 1.618 Fibonacci retracement level is a positive technical indicator, suggesting further upside potential. **Important Disclaimer:** This is for informational purposes only and should not be considered financial advice. Please conduct your own research before making any investment decisions. I am not a SEBI registered advisor and cannot recommend buying or selling any security. Longby vipinguptaca10
Adani Power hits record high; rallies 18% in 4 daysThe stock of the Adani Group integrated power utilities company is quoting higher for the fourth straight trading days, surging 18 per cent during this period Shares of Adani Power hit a record high of Rs 611.75, as they rallied 4 per cent on the BSE in Wednesday’s intra-day trade on a healthy business outlook in otherwise a weak market. The stock of the Adani Group integrated power utilities company is quoting higher for the fourth straight trading days, surging 18 per cent during this period. It surpassed its previous high of Rs 589.30 touched on December 6, 2023. In comparison, the S&P BSE Sensex was quoting down 0.4 per cent at 73,618 at 09:23 AM.by chetnaparmar8332
Adani Power AnalysisConsolidation for nearly 4 months at the top. Gave a Beautiful Breakout but, the interesting part here is the volume. BO without volumes 🤔🤔 Let's keep in radar for study purposes. Note: This is only for Educational purpose(Not for Buy/Sell) Please consult your financial advisor before investing.Longby vickysharma26030
Adani powerStock is consolidating on daily time frame.taking multiple resistance break in resistance can result into good momentum by rushikeshpalod1001
GO LONG IN ADANI POWER FOR A TARGET OF 770+1. Flag & Pole breakout 2. Long consolidation phase 3. company coming out of ASM 4 4. breakout above 580 5. target of 770+ in next 2 months 6. Range bound within triangle only 7 . Triangle breakout also coming soon Longby techinalcharts0
ADANI POWER MAKING POWERFUL FLAG AND POLE PATTERNThe stock gave a breakout from cup and handle pattern 412 was a crucial resistance which was smashed by the stock few months ago and now the stock has been forming a flag pattern which will be followed by a pole in any time from now moreover the stock has absolute stunning fundamentals , adani power is trading at meagre PE OF 9 also the net profit has been increased from 4000 cr to 10000cr which in itself is a great achievementLongby keshavmaharaj9584
Adani PowerLong. Good consolidation after an uptrend. Likely to go up with a target price of about 670. You can keep an SL as the low of the breakout. But will have to wait till the breakout for entry. Keep on watchlist.Longby jainamshah_6
Adani power (Bullish Ascending Triangle pattern)Formation bullish Ascending triangle pattern If it breaks and sustains above 590 then the target will be 710 Target approx 20% Longby arvindkp243
Adani Power Will be Boom Adani Power Will be Boom , its for educational purpose Only Longby shafik14023
ADANI POWER: DEMA CROSSOVER AFTER CONSOLIDATIONADANI POWER: Positive DEMA golden Crossover indicates a move to 580.if it holds at 580 levels the likely double bottom pattern breakout suggests a move to 600+(for educational purpose only)Longby CSB68440
Wave - 5 breakout in Adani Power1. There is formation of typical Bullish Flag like pattern on Daily Time frame and breakout above 590 can take the price to 750/- price level I.e. potential of approx. 30% upmove with a stop loss below today’s low I.e. 517/-. Giving an excellent opportunity of 1:2 Risk : Reward. 2. As per Elliott Wave Analysis, wave - 4 is under formation taking support at 38.2% Fib Level. Projection of Wave - 5 from these level giving target of exactly 750 at 127.2% Fib level (Fib extension level of wave - 3 and wave - 4) coinciding with the target derived from Bullish Flag Breakout. Target of 750/- upon breakout above 590/- with Stop Loss of 517/-.Longby Breakoutmasters2