Price Action Study for Adani PowerAs per price action, it seems that buyer are coming in this account on a daily chart. Buy above 61.15 in Adani power with 59 rs, stop loss. Let's see.
ADANIPOWER trade ideas
Adani Power Cup formation has taken place on monthly charts in Adani Power.
Now handle is awaited so it is a sell at this point.
#adanipower strong resistance breakout @in_tradingviewNSE:ADANIPOWER
breakout to strong resistance
buy small now and add more on dips
sl 63
T 83 96 107
89 EMA Band89 EMA Band is plotted using the high and low of the 89 EMA. It is also called as Magic Band. Price above the band would be considered an uptrend and vice versa. Most of the times it would act as Resistance or support. It can be used as a reference but not for decision making. If you find price reverse from the band, correlate with other indicators to identify the targets.
ADANIPOWER, Getting ready for ActionADANIPOWER, is again testing 1 month up trend baseline. This is 4-5 test of this trendline, any break from here can cause short term down trend. If this is respected, short term up move can be traded.
ADANI POWER showing TRIPLE TOP Chart PatternADANI POWER SHOWING TRIPLE TOP CHART PATTERN and then a Breakout on 1.Nov, 2019.
Target : Rs.86
Stop Loss : Rs. 69
ADANIPOWER bottomed out - Keep n your watchlistADANIPOWER is showing all signs of bottoming out and could give a major breakout upon a weekly candle close above 70.
One can keep this in the watchlist.
Keep following the post for more updates
Adanipower - It will be Multlibagger if Midcaps runs any time
As all you know long time frame breakout work for long time
in Adaniport there will be potentially multibagger if close above 70 for 3 days and target would be 125 in next some days so buy on deep with stoploss of 55 closing basis and wait for Breakout...
ADANIPOWER can touch 70, unless break the channel downwards ADANIPOWER can touch 70, unless break the channel downwards
looking good for 68.5 n 83-85 range in short term.69 is a resistance to be crossed.
Disclaimer:I am NOT SEBI registered, Just trying to learn to predict share price movement. THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
Sell Adani Power Tgt 60.30Hare Krishna !
Selling here.
“Most of the world is covered by water. A fisherman’s job is simple: Pick out the best parts.“
Good Luck
Adani PowerPrice action is moving towards long term trend line support. Trend lines are the first thing any analyst should have learnt to draw when they start to learn about technical analysis. Its a very simple tool but most effective.
Buy Adani PowerLooking to Buy Adani power here due to lot of strength in the stock.
Will be executing today
Hare Krishna !
Good Luck
