Adani Ports - at a juncture

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?
What is that line on RSI?


#JustForLearningPurpose #NewToTechnicalAnalysis
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.
Learned something new. Thanks for the reply.
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