#ADANIPOWER a perfect contraction in volatility happening here for the last 9 months.
The first drop was more than 50%, followed by a 30% and a 20% drop. This is getting really tight on the weekly charts.
Volumes have been monstrous in recent weeks!
#stockideas #trendlines

More from Trendline Investor
@rohanshah619 Looks excellent. Reversal from primary trendline as well
#FnOstock #SBIN has completed a 9 month time correction towards the primary trend line & is all set to head higher from here.
— Trendline Investor (@dmdsplyinvestor) July 11, 2022
This could also be a #SIP stock considering it broke out from a decade long consolidation in Feb'21.
Might continue to outperform #Nifty & #Banknifty pic.twitter.com/mYk4exvOn7
More from Adanipower
#AdaniPower Above 99.5, this one could give the next break out. Near resistance at 107 levels, above that looking for targets of 127 / 159 levels. https://t.co/pmZukMEXtm

#AdaniPower the stock looks out of down trend and has resumed its first uptrend since listing. The stock was in a corrective phase since listing 2009. This may just be the beginning pic.twitter.com/smn0nFb9Lw
— Dare2Dream (@Dare2Dr10109801) March 13, 2021