Adani Port shorting opportunity
The bullish trend sent the price above the high of the value area and sellers pushed it back towards the value area. There is a strong possibility for price to fall back towards poc of 467.85/-. That should be the target.
Note
As expected, it was a false breakout and the price fell towards POC of 467.85/- and closed at 467.10/-
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.