praveen.bhatiya

Adaniport Cup with Handle pattern!

Long
NSE:ADANIPORTS   ADANI PORT SPECIAL
The stock has nicely formed Cup with Handle pattern and gave breakout today. One can buy the stock for trading/Investment purpose. The pattern is reliable however its a longer pattern so naturally it may take time to reach the target. One can expect the target in the range of 380 - 400. It is important to locate the pattern in uptrend only, price should rise minimum 30% to the left lip of the cup.
Trade active: Moving closer to the target :)