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ADANIPOWER Intraday Tips For 23 Feb 2019

Last update on 22 Feb 2019
ADANIPOWER (EXP 28 Feb 2019) CMP-40.1 currently in up side in intraday. It is likely to test resistance 40.60 / 41.15 / 41.75. If it breaks below 40.00 with volume then it may test lowerside supports, such as 39.45 / 38.85 / 38.30.
INTRADAY SUPPORT AND RESISTANCE LEVELS
R4 41.75
R3 41.15
R2 40.60
R1 40.30
PP 40.00
S1 39.70
S2 39.45
S3 38.85
S4 38.30
Last Day High 40.55
Last Day Low 39.4
Last Day Close 40.1
Close up side
Always prefer to long if cross R2(with volume) and short if cross S2(with volume)