sathwikkuncham

Adani Power near all time high

Long
sathwikkuncham Mis à jour   
NSE:ADANIPOWER   ADANI POWER LTD
Possible breakout can happen as it is near All time high of 106-107 levels. Broke 100 level comfortably today and closed just behind all time high, which shows highly bullish signal.
Entry range: 104-107
SL:99-100
Target for Monday: 109-110(UC)
Exit strategy: Shift your SL to 106-107 if it breaks in next few days and carry your position till you see rejection candle. After breaching All time high, 106-107 levels become a huge support level.

Note: Consider these analysis as my personal belief, shared purely for educational purpose.
Commentaire:
Woah. What a breakout. UC increased from 5% to 20% and so does our target to 120s.
Commentaire:
Awesome run till now. RSI is still 80+. That's crazy. In my opinion, this stock will try to consolidate for few days and we may not see crazy move for few more days. I exited my position today at 155.60.
Target achieved. Return of 52.6rs booked. That's 51% in one week :)
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.