AbhishekHSinghCMT
Short

AdaniPorts- Cyclone Katrina at Ports- Falls from 333 to 318

NSE:ADANIPORTS   ADANI PORT SPECIAL
463 10 11
Bang On Target. Cyclones are like that only -they have power to sweep you if proper care & arrangements not made.

14:45 Hrs             -27th April2017

AdaniPorts - Down 3% at 320

Previous Update -318 Turned Twice Can 335 make it turn Twice - Fall from 333-318



Today, Indices Nifty- 0.5% up (50 points)at 9365. Sensex -0.69% up at 30150.

Not all stocks follow index which has been proved today by the fall witnessed from 333 to below 320.

What Next?
There is tripple bottom at 318-319 Strong Support Zone & Likely we see Adani ports to move upside to attempt 330-333 Zone again but yes it will be choppy & slow move.

Strong Zone
318-320





Trade active: 10:13 Hrs 27th April2017

Last Price@325

Made initial jump Day High at 329. Looking for 333-335 -we are in the trade at 320-321 - well it was perfect reversal at 318-319 Tripple Bottom.

snapshot
Trade active: 22:22 Hrs 30th April2017

Last Price@327

We entered in the buy call @320-321 - We shall keep stop below 321 to lose nothing in the trade or book partial profits if it starts trading below 325.
snapshot
Trade closed: target reached: 10:35 Hrs 2nd May2017

Last Price@330.50

Day High@331

Bang on Target!!!

Closing current position with a solid bounce from tripple bottom zone 318-319.
snapshot
Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
http://in.tradingview.com
| LinkedIn
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
wah guruji.! weldone!
Reply
@ashokakbari, Thanks. Finally came to 331 as expected. Done & Out.
Reply
This call was great. I had made a mistake by entering at 329 much before your levels of <328. i exited at 332. but next day I shorted at 326 and exited at 320. TKS for yr excellent analysis
Reply
@DINESH1961, Always Trade with care.
Reply
Katrina to ek bahana hai... Adani KO 318 pe aana tha... Superb landing ... You are genius.
Reply
@ashokakbari, Hope you enjoyed the fall.
Reply
ashokakbari AbhishekHSinghCMT
@AbhishekHSinghCMT, i enjoyed a lot ... Chalu gaadi se utar Gaya ... But enjoyed it
Reply
Hint to buy with s.l. of 317?
Reply
@AMBRISH, Yes -it was tripple bottom & Strong Support Zone - Correct
Reply
AMBRISH AbhishekHSinghCMT
@AbhishekHSinghCMT, Thanks, i waited for update when i saw 318,

Reply
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out