ADANI PORT & SEZ LTD
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Adani Port Broke 42 week consolidation

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The stock has been trading in a 42-week consolidation.

Today, it broke out from a downward sloping trendline connecting the high of June 2021 to that of January 2022, on above average volume.

Simultaneously, its RS Rating has trended upward.

The slope of the momentum indicator RSI on multiple timeframe charts has turned upward with a positive MACD crossover.

The stock has a good Buyer Demand.

Target is 880 / 1000

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