ADANI PORTS weekly chart analysis

Apr 11, 2021

Price has come back in the parallel channel. There are five" No Trading Zones". Price has twelve touches on the Gravitation line, five touches on the upper band, and six touches on the lower band. There is the line of the power where the price has five major reversals. Also, bullish volume is increasing on the chart. Price has made an excess on the chart, and we can see throw over on the parallel channel. As per the excess, we can ensure that price extreme can make excess on the upper band of the parallel channel, Or price will touch the upper band and reverse itself. The upper band indicates high selling points and the lower band indicates high buying points.