Adani Ports at Strong Support Cluster. Buy the Dip

Look for Buying/ Long Opportunities because:

- Price has reverted back to 20 day SMA , see the Bollinger Band , so now No point shorting for any mean reversion
- Price above 2 Key Anchored VWAP levels from Prior Swing Low base and Breakout candle (the sky blue line and orange line)
- Price is also above the Falling Trendline from 2019 Oct high, if you see the Weekly charts then this is the Neckline of an Inverted Head & Shoulders pattern
- RSI on both daily and weekly charts is approx 55, bullish zone
Comment: Additionally:

- ADX on daily is above 25 too
- Hence, Price is EXTREMELY BULLISH!!! Do not even Think about Shorting this Stock as long as it does not close below 340. Buy every Dip, this can be a Massive Breakout!
Trade active
Trade closed: stop reached


Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out