Early in February, we had published a post discussing the Adani Group and its targets as well as risk management levels. We published a follow-up post with revised targets and risk management levels in April this year.
Well, it’s that time again where we update the levels and see what’s in store for this group.
Here’s to more rotations and revolutions in this particular solar system. Off we go on our rocket ship to see what the charts have to say!
We created a Custom index of Equally weighted Adani Group stocks. As you can see, this particular line chart only requires an extension in the headspace area. Keeps moving higher and higher.
Click on chart to enlarge view.
Now let’s take a look at individual stocks and where they stand at present.
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