ADANIPORTS SHORT
As per my setup I have taken a short position the position is also hedged with OTM option in case if there is any gapup that can mess my positions. I have observed previously that Adani group can simply make wild moves on shorter frame so a good positional trade on options monthly contracts with less capital.
Trade active
Price is moving in our direction as per our setup with a proper retest. Let us see if it reaches more downside using FIB levels
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.
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.