Adanipower has created a runaway gap on 08June2021 with very high volume. Next day bears tried to push the price down but bulls retained their position and closing on price 09June2021 was equal to high of runaway candle, so bullish trend is expected to continue. Can make an entry if tomorrow candle 10July2021 is bullish. Stoploss would be at 131 and we can hold the stock until bearish sign is seen.
Adanipower – Runaway gap June 2021
