Adani Power: Powering up...

Güncellendi
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 recommendation.
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Up 12% as of now. wait and watch for price action.
Not
Level of 500 hit.
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2nd Target of 572 achieved.
ADANIPOWERCup And HandleTrend Lines

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