ADANI PORT --- HOURLY CHART -- INTRADAY SETUP
1. stock seen double bottom formation at 655 level
2. Rounded bottom pattern seen on chart after double bottom stock move upword direction.
3. while formming rounding bottom stock having support 21, 44, 200 Hull moving avg, seems upwrd movement continue from current level
4. Histrogram seen bullish reversal from downtrend at last hourly closing candle
5. Stock currently trading at trendline breakout where breakout turn strong bullish momentum
6. BUY at current level 678 for intraday target 682-685-692 For stop loss 668 bellow intraday support 672
* THIS IDEA IS FOR EDUCATIONAL PURPOSE ** trade at own risk . !!
HAPPY TRADING. !!
1. stock seen double bottom formation at 655 level
2. Rounded bottom pattern seen on chart after double bottom stock move upword direction.
3. while formming rounding bottom stock having support 21, 44, 200 Hull moving avg, seems upwrd movement continue from current level
4. Histrogram seen bullish reversal from downtrend at last hourly closing candle
5. Stock currently trading at trendline breakout where breakout turn strong bullish momentum
6. BUY at current level 678 for intraday target 682-685-692 For stop loss 668 bellow intraday support 672
* THIS IDEA IS FOR EDUCATIONAL PURPOSE ** trade at own risk . !!
HAPPY TRADING. !!