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equityideas

Huge Volume - Is it a trap? Col-linear Trap?

Long
ADANI PORT SPECIAL (NSE:ADANIPORTS)  
equityideas Updated   
NSE:ADANIPORTS   ADANI PORT SPECIAL
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Huge Volume - Is it a trap? Col-linear Trap?

Reasons for probability trade:
1.High Volume
2. Large Bullish candle
3. RSI range shift - took support on 40 and moved up
4.Trendline support

Entry : Break of 385
SL :364 (Daily closing basis)
Target:420
Order cancelled
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