Adanipower is trading at strong support zone, between 36.75 and 36.15.
The price is retesting this area for a month, but it can't break it.
The recent double bottom pattern indicates a probable reversal.
The bullish breakout on firday suggests that the stock has potential to go up till 38.50 / 39.70 levels from this area.
The price is retesting this area for a month, but it can't break it.
The recent double bottom pattern indicates a probable reversal.
The bullish breakout on firday suggests that the stock has potential to go up till 38.50 / 39.70 levels from this area.
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Disclaimer
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.