#ADANIPOWER a perfect contraction in volatility happening here for the last 9 months.
The first drop was more than 50%, followed by a 30% and a 20% drop. This is getting really tight on the weekly charts.
Volumes have been monstrous in recent weeks!
#stockideas #trendlines
More from Trendline Investor
#Nifty watch this trendline to be taken out for a good long trade! https://t.co/nC32qh2rOO
#Nifty perfect reversal after filling the gap and testing the middle of the channel.
— Trendline Investor (@dmdsplyinvestor) June 28, 2022
Waiting for Nifty to take out that major horizontal resistance and then we can see a good short term rally. https://t.co/m3hwcWno9q pic.twitter.com/WhhLPc9JaC