9 Nov, 2023 Adani power share price opened at Rs.395.10, (reference to 8 Nov 2023; close price was 393.40, the high was 395, low 381.20, and open 395) close at 401.10, High was Rs. 409.65, Low was 390.55.
The close price 401.10 was very near to the high price on 12 Sep 2023 as shown the dash line in table 1 below. On 12 Sep 2023, market did not break High 409.70. It was same position on 1 sep 2023. On 1st Sep 2023 Market High was 409.70, and it came down in the October month, market price was between 376.90 to 363.05.
on 1st Nov market open price was 364.50, close price was 365.20, now market turned down from 409.65, it will be interesting to see whether market break the level 409.70
Market perdiction: If market break th level 409.70, w expect it will go near 432.50
Table 1: High, Low and close area