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.
AdaniPower has been on a bull run from a long time, but it looks like it wants to take a break. The volume is decreasing and it is also forming a head and shoulder (Trend reversal). Wait for it to break the trend and retest to play it safe. Because it might end up playing the triangle and pump (the possibility is low for now, but to be on safer side, wait for it...