ADANI PORT -- INTRADAY SETUP --22/08/2022

ADANI PORT --15 MIN CHART - INTRADAY SETUP -- 22/08/2022

1. Adani port seen trendline breakdown strong bearish candle on 15 min chart , last closing candle

2. DOUBLE TOP formation seen on chart at 880-882 level which is short term intraday bearish momentum next session

3. SQZMOM indicatior also shown double top formation and further fall can seen from this level

4. Short adani port on intraday at current level 869 For intraday target 860-850 stop loss above double top level 885


THIS IDEA IS FOR EDUCATIONAL PURPOSE ..trade at own risk. !

HAPPY TRADING !!

Comment:

stock dosent come to short level 869 hence tade does not executed short , !

TRADE not executed short side. ! 22-08-2022 -- 9.22 am

Comment:

short position only bellow 869

Comment:

short trade executed ..

Comment:

intraday 1st target 860 hit.. ! 1.35 pm --22/08/2022

Comment:

intraday low 857.. 1

Comment:

intraday final target 850 hit ..2.00 pm !1

Trade closed: target reached