raj_rishav

Adani Ports - Inside the bar

NSE:ADANIPORTS   ADANI PORT SPECIAL
Everything on chart
Comment: Positional Trades:
Long above 320 for 330, 335 with SL at 310
Short below 310 for 304, 300 with SL at 320

Logic behind targets:
331.5 is the 0.618 Fib retracement level for the fall
303 is 0.618 Fib retracement level for the overall rise since March
Comment: In case of Gap-Up opening - expected today - wait for the trend to stabilise
Trade active: Buy triggered
Comment: SL modified to 320
Comment: SL modified to 315 to make allowance for the gap fill
Trade closed: stop reached
Trade active: Sell triggered at 310
Comment: Trade triggered on 300 PE options for overnight