ADANIPORTS Support & Resistance for the day

Assuming you're analyzing ADANIPORTS based on recent price action (let’s take the last few months as an example), here are some support and resistance levels that might be significant:

Support Levels:
₹760 - ₹780 (Recent Low / Strong Support):

If ADANIPORTS has tested this range multiple times and bounced back up, it may indicate strong buying interest in this zone. A failure to hold above this level could signal further downside potential.
₹700 (Key Psychological Support):

Round numbers like ₹700 are often significant support levels. If the stock approaches ₹700 and begins to bounce higher, it might be a good indication that buyers are entering the market.
₹670 (Previous Low / Support Zone):

If there is a previous swing low near ₹670, this would be a support level. It could represent a price point where there was significant buying interest in the past.
Resistance Levels:
₹820 - ₹850 (Recent Highs):

If ADANIPORTS has faced difficulty breaking above ₹820 - ₹850 in recent weeks or months, this could be a key resistance level. Sellers may enter around this price point.
₹900 (Psychological Resistance):

The ₹900 level could act as a psychological resistance. Round numbers like this are often areas where traders sell, taking profits from previous rallies.
₹950 - ₹1,000 (Next Key Resistance Zone):

If ADANIPORTS has reached this level before and failed to break through, it could be a major resistance zone. A sustained move above ₹950 - ₹1,000 would indicate bullish momentum.
Key Areas to Watch:
Break above ₹850:

A break above ₹850 could signal the start of a new uptrend, with the next resistance level near ₹900. If this level is breached with strong volume, the price could move toward ₹1,000.
Break below ₹760 - ₹780:

A breakdown below ₹760 could suggest weakness in the stock, potentially testing the next support zone near ₹700. If this level is broken, further downside could open up, with the next support at ₹670.
Watch Moving Averages:

The 200-day moving average (MA) could be a dynamic support if the price is above it. If ADANIPORTS is trading near this MA, it could offer support on pullbacks.
The 50-day MA is another level to watch, especially for shorter-term trends.