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ADANIPOWER Intraday Tips For 18 Jan 2019

Last update on 17 Jan 2019
ADANIPOWER CMP-50.85 currently in up side in intraday. It is likely to test resistance 51.70 / 52.55 / 53.75. If it breaks below 50.50 with volume then it may test lowerside supports, such as 49.65 / 48.45 / 47.60.
INTRADAY SUPPORT AND RESISTANCE LEVELS
R4 53.75
R3 52.55
R2 51.70
R1 51.10
PP 50.50
S1 50.10
S2 49.65
S3 48.45
S4 47.60
Last Day High 51.35
Last Day Low 49.3
Last Day Close 50.85
Close up side
Always prefer to long if cross R2(with volume) and short if cross S2(with volume)