Adani Power broke MAJOR CHANNEL and now moving continuously in MINOR CHANNEL, even breaking RESISTANCE and retracing it too. If the downtrend continues and MINOR CHANNEL breaks it may lead to further fall of the stock as analyzed on a Long Term Trend.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.