Description
⋅ Adaniports in a down trend and Target 407 - 396 - 374
Please check the chart and analyze the movement.
It is a zigzag correction. And a previous trend is a downtrend.
And we already was expecting to go down and it shown one good bearish candlestick. Check the chart.
From this, we can take our positions.
T1 - 407
T2 - 396
T3 - 374 - T3 has to be analyzed before taking position.
Trade closed: target reached
⋅ Only T1 was achived.
As it did not stay below T1, so closed and taken profit.
Trade closed: target reached
⋅ The target T2 has reached and the trade is closed.
Now talking about T3, need to analyze and confirm before we go to T3.