Recommended stocks on – 27.02.2025
(1)
ADANI PORTS -
Ø
Buy price : 1073
Ø
Strong Support : 1044
Ø Resistance price : 1088 - 1094 - 1103
Reasons for Buy Recommended –
The current technical indicators for Adani Ports
and Special Economic Zone Ltd. predominantly suggest a bullish outlook. The
stock's position below key moving averages indicates upward momentum.
Average Directional
Index (ADX): An ADX value of 20.48 indicates a storng trend strength.
50-day SMA: The
stock is trading below its 50-day simple moving average, indicating short-term
bullish.
Moving Averages:
The stock is trading below its 50-day and 200-day Simple Moving Averages (SMA),
suggesting bullish momentum.
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