PrashantBhiwaniwala

Adani Ports & SEZ Ltd - 25.03.2022

Long
NSE:ADANIPORTS   ADANI PORT SPECIAL
Adani Ports & SEZ Ltd - 25.03.2022

The stock is trading @ 743 levels

There is a HAMMER @ Resistance in Daily Charts

There is a DOJI in Weekly Charts

RSI is 53 in Weekly Charts

There is a STRONG RESISTANCE Zone @ 751 levels

One can initiate a BUY Position above 748 with SUPPORT @ 729

The BREAKOUT above 767 is expected as there is a INVERSE HEAD & SHOULDER CANDLE FORMATION in Daily Charts (Neckline: 745; Low: 651.95)

Watch out for the price action
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