Description and levels in the chart.
trade at your own risk ENTRY ABOVE 31.70 SL 30.20 TRAIL YOUR PROFIT
4HR CHART CLOSED 36.75 TARGET 50 STOP LOSS 33.45
Stock of Adani Power Ltd has been consolidating in twenties for almost a year now. As the trading aphorism goes, which can't go down is going to go up. Resistance at 35 / 36 is significant and it has stalled the progress at the beginning of the year. But for last two months, dips have been fairly support and now pressure is building up. Support at 30 and 32...