Adani looking week on Weekly and Smaller Time Frames
Adani Ports after strong correction has taken support at 812 level on 30th September.
On smaller time frame of 15 and 45 mins, it seems to be on a downward parallel trendline channel.
On weekly chart, an evening star is formed.
SL - 835
Entry - 805-810
Target - 775
On smaller time frame of 15 and 45 mins, it seems to be on a downward parallel trendline channel.
On weekly chart, an evening star is formed.
SL - 835
Entry - 805-810
Target - 775
Trade closed: target reached:
Reached a high of 835 before starting to fall.
Reached the lows of 770 before recovering. Target should have been booked.
If it reaches 835-840, it can be a set up for new entry to trade the channel
Reached the lows of 770 before recovering. Target should have been booked.
If it reaches 835-840, it can be a set up for new entry to trade the channel