NSE:ADANIPORTS   ADANI PORT SPECIAL
When price is in really in complex structure you will see every clown ( who copy my charts ) have different views or no views at all they simply sit ideal

thats because they even dont know what is happening

This scrip is due for one more move up , prior to move up the small correction is likely to happen

One can wait for reversal on daily after tag the reversal price place , and look to book near the target
Trade active: Adani & Ambani , these stocks are Cranky , They are so tricky lots of Pattern Identifiers miss the turning point

Now my view is bullish , it can turn form this current moment or it can make one more correction

One can look for buying 1 Hour bullish Brake and stop below the Bullish brake candle

if you are stopped out then look for re-entry if the stock comes below the current level ,
My view on bullish sentiment is intact
Look for buy set up
Comment: PUT THE STOP TO COST
Comment: Sorry charlie we too got stopped out at cost , Now we are looking to Go long only on daily reversal after it tag the reversal price
Trade closed: target reached: it made to target , we booked early before today ,

we made from 388 to 351 , we lost our confidence on this for further down because of its cranky behavior
we booked 37 points per lot in futures

Comments

Hi, could you explain a little more about how you made this analysis?
Love your posts, really great insight to a rookie trader!
Reply
@ktndbiz, Hello , i have already explained my view when i 1st posted the chart , i do not know your status of ability to understand what kind of explanation you will understand when i explain little more , but for sure i have a method of forecasting ( Elliott wave Theory ) , and based on that i have prepared this forecast , all though the theory is an application for interpreting price movement

Good luck rookie Trader
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out