Adani Green Energy – Rectangle Breakout ⚡🌱

🔹 Technical Pattern The stock was consolidating in a rectangle range between ₹850 – ₹1,050 for nearly 8 months. Today it has given a clean breakout above ₹1,050 with strong volumes. Sustaining above this zone can trigger a multi-month rally. 🔹 Target Projection Rectangle height = ~₹200 (1050 – 850). Breakout Target = ₹1,050 + ₹200 = ₹1,250 (initial). Extended target could be ₹1,400+ if momentum continues. 🔹 Support Levels Immediate support: ₹1,020. Strong support: ₹950. 🔹 Sector Tailwinds Strong government focus on renewable energy. Adani Group leadership in solar/wind projects. Long-term structural demand in green energy space.