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Podcast | Today's Pick: Adani Ports & Special Economic Zone -Buy

| Updated on May 01, 2020 Published on April 29, 2020

Investors with a short-term horizon can buy the stock of Adani Ports and Special Economic Zone at current levels. After a sharp fall in the month of March, the stock recorded a 52-week low at ₹203 in late March and found support. Subsequently, the stock reversed direction as it entered the deep oversold territory.

 

While trending up, the stock had surpassed a key resistance as well as the 21-DMA in early April. The stock trades well above its 21-DMA.

Published on April 29, 2020
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