ADANI POWER, timeframe 1D
After making high of 432.50 in August adani power continue making some low level. now trading at 307.90 level. Adani power making some trendline pattern. It is now trading at some support level. It has now a trendline support & also 299 level has a STRONG SUPPORT level.
For Adani power 285-300 is a strong support zone. if it is reversed from this support it will come again at 330-340 level. 340 its a some resistance for adani power. After breaking of 340 & trendline it will show 380 level. 380 its a STRONG RESISTANCE for adani power. If it break Adani power will show some new high above this level.
In downword direction if it will break 285 level it will show some down level 277,255 level.
For Adani power 285-300 is a strong support zone. if it is reversed from this support it will come again at 330-340 level. 340 its a some resistance for adani power. After breaking of 340 & trendline it will show 380 level. 380 its a STRONG RESISTANCE for adani power. If it break Adani power will show some new high above this level.
In downword direction if it will break 285 level it will show some down level 277,255 level.
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