Bullish flag pattern on this. Learning purposes only
--Stock trading in tight range --consolidation gonna reward big --VCP with dried volumes and tightness --Target 803 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...
Adani power is in the highest resistance zone and its holding good with support , i will keep holding it
Adani Power : Looks Great for a breakout A Beautiful Volatility Contraction Pattern (VCP) in progress Need to sustain 590 levels Ascending Triangle breakout possibility
VOLATILITY CONTRACTION PATTERN (VCP) from book ( TRADE LIKE A STOCK MARKET WIZARD Chapter 10 ( A Picture worth million dollor )
Excellent trending charts on all Adani stocks. We can see a bounce on 200 DMA, and then making a high on Dec 5th. Its been consolidating since 2 months and its time to breakout or hit SL. Only enter after Day closing above 580 (FLAG pattern or GUN Pattern). Target 700++ and hold for more if Bullishness in Power sector continues. Not a recommendation. All...
Breakout in Adani Power Target - 680 Note - only for education purpose
The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below... SWING Trading Strategy: Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%) INTRADAY Trading...
Triangle break out so 1st target 584 short term and long term 660
Rules Of Elliott Wave Theory: #1.Wave 2 never retraces more than 100% of wave 1. #2.Wave 3 cannot be the shortest of the three impulse waves, namely waves 1, 3 and 5. #3.Wave 4 never enters the price territory of wave 1.
1. Trend Analysis: Adani Power has been in a continuous uptrend since April 2023, forming higher highs and lower lows. This is indicative of a bullish trend, suggesting that buyers have been in control. 2. Moving Averages: The 30-day Simple Moving Average (SMA) and 50-day SMA are acting as significant supports, confirming the bullish sentiment. These moving...
Triangle formed so wait for break out anyone side for big move.
-adani power currently in strong zone but can move both side -near trend support if breaks 512 level then it will fall further 3-4% -below there is 50 ema which will support -volume is just decent so chances of recovery is very high -keep in radar it can give decent return both side with good rr
Above 565 fresh buy good long term. Right now up trend only but near support line.
A Comprehensive Analysis Following a Remarkable 25% Gain. All Indicators and Volume Metrics Align, Backed by Significant Institutional Interest. An In-Depth Examination Reveals a Cohesive Picture, Indicating Readiness for Another Substantial Move. Positioned for Success as Big Players Enter the Arena, Adani Power Appears Poised for a Strategic Ascent, Setting the...
An On Neck Chart Pattern Breakout happened on the weekly Time frame of NSE:ADANIPOWER Price Action is well supported by the volume. The stock is currently in uptrend making higher highs and higher lows. One can add this stock into their stocks to buy list. Initiate the long trade only according to the levels mentioned. Risk to Reward ratio will be 1:2...
Adani Power Limited is a holding company engaged in providing electric power generation by coal-based thermal power plants and coal trading. Financials: TTM EPS: 27.81 TTM PE: 10.01 P/B: 5.74 Face Value: 10 Mkt Cap (Rs. Cr.): 107,415 Sector PE: 14.22 Book Value Per Share: 48.49 News: Adani Power, the Adani group company, on Thursday(03/08/2023), had posted...
After a 69% correction, the stock price has recovered to form a cup and handle pattern. Ideal buy zone between 410-425. Initial targets of 500 and 570. Revision, once these levels are achieved. On the downside, 345-300 can act as important levels. Caution below 288. Always keep a strict stop loss of 5-8% and follow proper risk management. Note: Not a buy/sell...