ADANI POWER CONSOLIDATION @ CRUCIAL SUPPORT
Updated
According to MACD analysis, a bearish crossover just happened and it's a negative signal. But historically support is found in the range of 23.5 to 25.
Take Long position @ SUPPORT LEVEL 1
TARGET @ 27.5
SL @ 22
Take Long position @ SUPPORT LEVEL 1
TARGET @ 27.5
SL @ 22
Note
Breached Support level 1and finding consolidation around the support level 2 ( 23.75)Note
Still our Support level 1 is preventing from downward movement. keeping our call live
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