niftyalphatrader

ADANI BEARISH ENGULFING

Short
NSE:ADANIPORTS   ADANI PORT SPECIAL
I think a huge resistance and bearish engulfing , noticing the previous data, I would short on this trade.
Comment: I have said 80%, because there is a possibility of immediate uptrend.
Comment: If you see EMA, it doesn't show complete divergence and the chart patterns is ascending triangle.
Trade closed: stop reached