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
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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.
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.
Trade closed: target reached
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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.
Comments
ashokakbari
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wah guruji.! weldone!
WaveTalks
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@ashokakbari, Thanks. Finally came to 331 as expected. Done & Out.
DINESH1961
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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