Adani Ports Swing Trade setup
Some Price action and Volume Spread Analysis concepts were used. Stoploss and multiple targets levels are mentioned. Nifty 50 should remain in a Higher High Higher Low trending structure on an Hourly timeframe and possibly above 50 SMA for higher probability. Price rejection/hammer candle at support makes this trade a higher odd setup.
Note
working beautifully, what a breakout.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.