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THREETREND RESEARCH

14th Jul · SEBI-Registered Analyst

Adani Power

ADANIPOWER
A **trendline breakout with a successful retest** is a strong bullish continuation setup. After the price breaks above a downward trendline with good volume, it often revisits the breakout level to test it as new support. If buyers step in during the retest and the stock forms bullish candlesticks before moving higher, it confirms the breakout's validity and indicates renewed buying momentum, increasing the probability of a sustained uptrend.

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