stocktraderchennai

ADANIPORTS - Beautiful swing opportunity : Ready to test ATH

Long
NSE:ADANIPORTS   ADANI PORT SPECIAL
NSE:ADANIPORTS has given breakout after 3 months of contraction inside an ascending triangle. The stock has been taking support from the trendline and has high probability to test all time high.
Comment: As Mentioned the stock breached all time high. The stock still looks good and can rally after a little bit of profit booking.

Comments

should get out of it?
Reply
@ritenjee, there is a demand around 670-680 levels. However the recent news has caused this fall. Follow strict risk management if you are holding.
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You mean 885 or more?
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@ritenjee, Yes Probability is high as it was consolidation for nearly 3 months
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ritenjee stocktraderchennai
@stocktraderchennai, Thank You!
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@ritenjee, You're Welcome and thanks for stopping by! :)
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ritenjee stocktraderchennai
@stocktraderchennai, i have entered today.
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@ritenjee, Please follow risk management ! Stock might re test the breakout level and then move up!
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bharathh stocktraderchennai
@stocktraderchennai, entered at 820.95 planning to hold till it test ATH.
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