Mur_Att
Long

Adani Ports - at a juncture

NSE:ADANIPORTS   ADANI PORT SPECIAL INR2
145 5 9
An ascending triangle on the shorter timeline. Flag/Pennant on the longer timeline (lowering volumes).
RSI breakout already done, so expecting upsides.
Any move above 280 means 320-325 expected | just in case it moves below 270 would expect 240-ish
Trade closed manually: Arghh .. this one moved opposite and now has almost achieved the target.
sir, for what reason we can't avg here and keep hold in cash?
Reply
What is that line on RSI?

Thanks.

#JustForLearningPurpose #NewToTechnicalAnalysis
Reply
Mur_Att QuestionMode
Thats a Trendline on RSI, same as we draw on Candles. It shows that RSI has already broken out from the falling formation - so we assume that the stock is a bit strong - and therefore am looking at upsides.
Reply
Learned something new. Thanks for the reply.
Reply
India
United States
United Kingdom
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out