Chart of the week. Adani Ports.

After a year long consolidation, Adani ports has given a up flag breakout on its weekly charts. Investing in Adani group is no brainer! Especially after such a long consolidation, we can expect stock to fly as other Adani stocks. As per Fibonachi, targets are

CMP - 906 (11/9/22)
T - 975, 1110, 1300 W
SL - 800 W
View - Medium to Long term
Chart PatternsRectangleTrend Analysis

Penafian