raj_rishav

Adani Ports - Inside the bar

raj_rishav Updated   
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

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