Friday, October 8

Technical Charts:Sterlite,Educomp,AB Nuvo and Adani Power

ADANI POWER
Flag and Pole pattern formation on Adani daily charts and support at 100 DMA as metioned in charts.Stock is facing resistance at 138 levels and support at 133 levels.Volumes are on larger side from past 2 days and looks like stock will be revisiting the lower trendline before showing an upmove.
Buy above 138.6 Tgt 140.6,143 and 147
Sell below 133 Tgt 129 and 126


ADITYA BIRLA NUVO
AB Nuvo is trading in parrell trendline channel  as shown in charts with formation of higher highs and higher lows.
Stock is in a bullish channel …
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