ADANIPORTS
Buy At 370 or above
SL - 357 or 1% of your money with proper position sizing.
Reason for the trade: 3 months of accumulation and for the first time price has closed above the green line, hence ready to move out the value area and into markup phase.
Volume was high today meaning big money has already enter and are ready to take the price higher now.
If you are taking the trade, please keep strict SL.
Disclaimer: Author may enter in trade so take your own decision. This is an trading idea not an trading or Investment advice.
Comment:
Entry at 368 in Cash
