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ADANI POWER LTD
Long

ADANI POWER - GET READY TO BUY

By AmitTrades
Since the secret news about ADANI GROUP came in media all the Adani stocks fell very strong within span of 2 weeks, we have seen and learnt from the past that whatever may be the news at some point that has to end and thus now ADANI POWER seems to have reached near the previous zone from where it flew that was 142 , so we can now start accumulating this stock in between 163.55 to 132.75 range, we can also see in the weekly timeframe the 200 moving average will provide support to the price which can result the stock price to move up to 237.55 within next few weeks.
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AmitTrades

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