ADANI POWER – CMP 670.20 as on EOD 2 sep 2024
RSI breakout has taken place.
Stock has seen upsurge with sizeable volumes exactly from oversold region of RSI.
Same zone is also a good demand zone.
Now need to see if Adani power has the strength to cross the downward trendline and breach 700 levels to reach 740 / 800 / 870 levels and above.
Disclaimer –
I am not a SEBI REGISTERED person or analyst.
I am not responsible for anyone’s gains or losses.
I am doing this only to increase my knowledge and to learn.
RSI breakout has taken place.
Stock has seen upsurge with sizeable volumes exactly from oversold region of RSI.
Same zone is also a good demand zone.
Now need to see if Adani power has the strength to cross the downward trendline and breach 700 levels to reach 740 / 800 / 870 levels and above.
Disclaimer –
I am not a SEBI REGISTERED person or analyst.
I am not responsible for anyone’s gains or losses.
I am doing this only to increase my knowledge and to learn.
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