Adani Power quick 20%

The stock is in Wave (v) of III and is likely to hit 730+ which is 1.618 level as seen in the chart. It was in a long consolidation ie Wave (iv) of III from Dec 2023 until Mar 2024. The move from current level (591) could be brisk since Q4 results will be declared on 1st May 2024 (trading holiday). This is not a trade recommendation. Please do your own due diligence.
Technical IndicatorsWave Analysis

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