Adani Port Chart Analysis !! Broke Out.

πŸ“ˆ Adani Port πŸ“‰

Adani Port broke out from a Downtrending Trendline zone after testing three times and it was inside a beautiful triangle pattern as well. Yes it has closed at high of Fab and March too.
So I am biased on long side.

On Buy Side I am looking for initial Targets of 813 and 878.

StopLoss should be kept at 715.
It offers 1:2 Risk Reward.

All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.

Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
Target 1 of 813 is achived.
Trade active:
Trail SL to 806
Trade closed: target reached:
Target 2 of 878 is done

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