indiamarketoutlook

Adani Power: Long term game changer level

Long
NSE:ADANIPOWER   ADANI POWER LTD
Adani Power
CMP 65.2

At Cmp and on dips towards 58 the stock can be looked for buying. Target for the current setup 84 / 91

Momentum on close above 70.40

Take care & safe trading...!!!
Comment:
The stock did dip towards 58 making a low of 60.80

The stock has jumped 8.13% today closing at 67.15 at a time when Nifty index was volatile...!!!

Coming back to Adani Power chart, the stock needs a close above 70.40 for further confirmation of continuation of this rally...

Take care & happy trading...!!!

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