Adani Power - headed for multiyear breakout on monthly chartAdani Power - one of favourite stocks finally reached breakout level (10 year period) in monthly chart.
Enter around 70 - enjoy the breakout
Initial target can be Rs. 100, There can be some correction or pullback around Rs. 100 as per wave analysis but breakout looks good.
ADANIPOWER
Tata Power- Channel Breakout on Monthly chartThe stock has broken out of its 10-12 year channel on the monthly charts. Volumes are huge. We have to wait for january to end to see whether this breakout sustains or not. It definitely looks interesting.
p.s.- I may be biased as i am already invested from lower levels.










