ADANI POWER – CMP 670.20 as on EOD 2 sep 2024 RSI breakout has taken place. Stock has seen upsurge with sizeable volumes exactly from oversold region of RSI. Same zone is also a good demand zone. Now need to see if Adani power has the strength to cross the downward trendline and breach 700 levels to reach 740 / 800 / 870 levels and above.
Disclaimer – I am not a SEBI REGISTERED person or analyst. I am not responsible for anyone’s gains or losses. I am doing this only to increase my knowledge and to learn.