I've observed a good Flag pattern trade, which could reward well in short term. One can buy the stock with the following details
Risk/Reward Ratio 3
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
Breakout on good news of an imminent resolution of the loss making mega power plant in Mundra. Should add significantly to the Bottomline of the company...Any small price correction can be got into with a medium term horizon
Adanipower has formed Poll and Flag Pattern in daily chart and now stock looking for 42 level in stock as there strong support in the chart at level 32.10 level. we can see 42 level as per chart in next 15-20 days.
Adanipower Weekly chart has formed Cup and Handle pattern and now stock looking for 42-48 levels as per chart pattern. stock have strong support on ...