Adani Port Broke 42 week consolidation
The stock has been trading in a 42-week consolidation.
Today, it broke out from a downward sloping trendline connecting the high of June 2021 to that of January 2022, on above average volume.
Simultaneously, its RS Rating has trended upward.
The slope of the momentum indicator RSI on multiple timeframe charts has turned upward with a positive MACD crossover.
The stock has a good Buyer Demand.
Target is 880 / 1000
Today, it broke out from a downward sloping trendline connecting the high of June 2021 to that of January 2022, on above average volume.
Simultaneously, its RS Rating has trended upward.
The slope of the momentum indicator RSI on multiple timeframe charts has turned upward with a positive MACD crossover.
The stock has a good Buyer Demand.
Target is 880 / 1000
Thanks
Gunjan Chokshi
Founder
investallign.in
Gunjan Chokshi
Founder
investallign.in
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