Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get...
Adani power - Great set up at ATH. Could be a good candidate and give potential move.
Trade with proper Risk Management and with Proper Position sizing.
📊 DETAILS
Sector: Power Generation/Distribution
Mkt Cap: 130,345 cr
Adani Power (APL), a part of the diversified Adani Group, is the largest private thermal power producer in India. The co along with its subsidiaries sell power generated from these projects under a combination of long term Power Purchase Agreements, Short term PPA and on merchant basis.
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Adani Power has a major support at the white horizontal line, if this is also broken, downfall of another 100 points may be on cards. Retailers please keep distance from this stock. Please refer to my previous idea on this stock. Link provided.
Stuck up between two horizontal red lines; with white line as the support. Stay away till 9th of October 2023. On 9th mark high and low of 2:01 p.m. candle and trade accordingly.
Trade only after 12th October. Retailers are advised to stay away from the news based stock.
I am not a SEBI Registered Analyst, please consult your financial advisor before...
Long Adani Power stock after the BO of 50 EMA Level. In the past whenever stock has touched 50 EMA is the key area to go long. Now Long entry above 330 for the target till 350++ with SL 0f 310. This is for your educational purpose only.
Adani Power broke MAJOR CHANNEL and now moving continuously in MINOR CHANNEL , even breaking RESISTANCE and retracing it too.
If the downtrend continues and MINOR CHANNEL breaks it may lead to further fall of the stock as analyzed on a Long Term Trend.
📊 Pattern: Channel Resistance
📌 Symbol/Asset: ADANI POWER
🔍 Description:
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
Subject: High Potential Long Trade Opportunity for 50% Return
Hello Friend's
I hope this message finds you well. I am reaching out to share an exciting long-trade opportunity that has the potential to yield a substantial return on investment.
After careful analysis and extensive research, I have identified a stock that exhibits strong growth prospects, solid...
BUY - ADANI POWER LTD
CMP - Rs. 274
Target - 1: Rs. 405
Target - 2: Rs. 490
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Technicals - Bullish Flag BO
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Note: Both Targets will be achieved in 1-1.5 years.
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This is just a view by an expert analyst, please invest at your own risk.
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