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Source-businesstoday
Adani Ports shares surge 169% from 52-week low of Rs 394.95 in February 2023 to a record high of Rs 1082.95 on December 6.
Source-businesstoday
Closing at Rs 1063.65, the stock hovers near its peak but slightly below the recent record, signalling potential for further growth.
Source-businesstoday
RSI at 84.5 suggests the stock is overbought, reflecting strong buyer interest. Investors eye if the rally can be sustained.
Source-businesstoday
The current rally positions Adani Ports for a strong finish in 2023, yet RSI data hints at the possibility of a correction.
Source-businesstoday
Amidst the surge, investors grapple with whether Adani Ports can breach its recent record high and sustain its impressive momentum.
Source-businesstoday