Adani Ports - Indicating Weakness

743 10
It is been observed on the daily chart that the price action is forming lower highs and lower lows indicating further weakness ahead.

Target 1: 330

Target 2: 320

Stoploss: 350
Trade active
Comment: Dipping strongly, selling and weakness increases.
Trade closed: target reached: Target 1 reached successfully. Regards
Comment: Reaching for Target 2, book partial profits at 325 and then 320. Regards
Can we short this again, given its at your resistance level?
NeeteshJain Lakshminarayanan
@Lakshminarayanan, Yes, you can at current levels with Sl 364 or else you can short once it closes below 350 levels on daily chart for target of 320 levels.
Hi Neetesh, can you please tell me how do you screen stocks for trade. Thankyou :)
+1 Reply
@Ra_Thor_, I don't do scan or screen stocks while putting some data of analysis instead I scan each stock individually as per sector wise and add alerts on important levels and repeat this practice everyday.
+2 Reply
Neetish sir
I just following ur Cal's
Excellent . Keep it
Jai ho
+1 Reply
NeeteshJain vutukuri123
@vutukuri123, Appreciate your feedback, wish you the best. Regards
Nitesh, just for did u arrive at the conclusion tht price didnt make higher high? it was beginning of the session. it still cld make higher high inlater part of the day rt?
+1 Reply
NeeteshJain kiran.mathewthomas
@kiran.mathewthomas, Good question, It was the selling pressure at higher levels which was indicative of the weakness.
@NeeteshJain, Thanks Neetesh
+1 Reply
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Send feedback Ideas Published Followers Following Private Messages Chat Sign Out