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.