ADANIPORTS has been respecting the trend line and now is at a good support level. A long position can be initiated. Bottom wick suggests potential buying pressure.
Tgt and SL are mentioned in the chart.
DRREDDY has been consolidating in a parallel channel. It is now at a support level. Bottom wick suggests the buying pressure.
Tgt and SL mentioned in the chart
NTPC has broken out of falling wedge pattern.
There is an upward movement from the previous resistance whch is now a support.
Keep the SL below the demand zone (117)
Target 1 140
Target 2 150