ADANI PORTS (SWING OPPORTUNITY PRESENT)

IT HAS GOOD SUPPORT AT 359 AND (MULTIPLE) RESISTANCE AT 386.

THE SUPPORT IS OBSERVED TO BE THE NECK LINE.

FROM THE CHARTS IT APPEARS THAT THE STOCK MAY REACH 360 AND THEN REBOUND TO 370+ LEVELS IN THE COMING DAYS.

WITH STOP LOSS PLACED 387, SHORT CAN BE DONE.

BUYING CAN BE INITIATED AT 360 LEVELS WITH STOP LOSS OF 352.

SWING TRADE OPPORTUNITY IS AVAILABLE AT NECK LINE AREA TOWARDS 370.

ALL THE BEST!

Comment:

SWING IS DONE AT NECK LINE AREA 373.

IT BOUNCED BACK TO 380 LEVELS.