adani power analysis. if it break 70 then it gives big moves... so now waiting for a breakout..
BEARISH DEEPCRAB ADANI POWER PRZ: 67.2 TO 68 T 1 60 T2 55 SL: 71
Adani Power Trades using Blue Sky Plus Indicator. Spend less time in doing analysis. Just plain follow the indicator. Message or Comment to get a free trial of the indicator.
NSE:ADANIPOWER buy initiate for 12 Dec 2018 using 30 minutes chart based on Fibonacci levels, check below Buy level : Buy Above : 51.9 Stop Loss : 50.7 Target : 53.1
Stock is trying to break out of the falling wedge and looks very positive after the acquisition of transmission biz from reliance infra. Can invest 10% of the long term portfolio for the tgts mention on the charts. stockdada.com
1. Short Buildup 2. OI Increase 3. Fibo retracement at 50% Short term target 27.80
Description and levels in the chart.
trade at your own risk ENTRY ABOVE 31.70 SL 30.20 TRAIL YOUR PROFIT
4HR CHART CLOSED 36.75 TARGET 50 STOP LOSS 33.45
Stock of Adani Power Ltd has been consolidating in twenties for almost a year now. As the trading aphorism goes, which can't go down is going to go up. Resistance at 35 / 36 is significant and it has stalled the progress at the beginning of the year. But for last two months, dips have been fairly support and now pressure is building up. Support at 30 and 32...