ADANI POWER — NEUTRAL → LONG ON BREAKOUT

Current: ₹208 | Weekly chart Trend: Long-term bullish, but currently in a short-term consolidation/correction. Key resistance: ₹213–215 — horizontal resistance + falling trendline. Breakout trigger: Weekly close above ₹217.40 ✅ Targets: ₹230 → ₹250–255 → ₹280 Support: ₹200 Major support: ₹185 → ₹167 RSI: 55, but below its average (~60) → momentum is currently cooling. My view 🟢 LONG: 6.5/10 🟡 NEUTRAL: 3.5/10 🔴 SHORT: 0/10 Best strategy: Don't short here. Wait for ₹215+ breakout for a fresh long. A break below ₹197 would make the chart weaker and could take it toward ₹185–167. Bottom line: ₹217 is the decision point — above it bullish, below ₹197 bearish.