POSITIONAL TRADE IN ADANI PORTS
AUGUST FUTURES TRADE
1-HOLDING 200-DMA ON DAILY CHART
2-HOLDING CRUCIAL SUPPORT OF 397
3-HOLDING 50-WEEKLY MOVING AVERAGE
FUTURES TRADE
BUY@402.
STOP@396
TARGET@412
LOT:2500
QTY:1
POSTIONAL TRADE WITH A RISK
AUGUST CONTRACTS
BUY@296
STOP@288.5
TARGET@314
LOT;3000
QTY:1
NOTE:
BUY AROUND THE CLOSING MINS
IF EXECUTED HOLD THE STOCK FOR 2 TO 3 WEEKS
WITH THE GIVEN STOPLOSS
RSI EXTREMELY OVERSOLD
50.00% FIBO LEVEL @475.38
61.80% FIBO LEVEL @461.58
50-DMA @476
100-DMA @470
THESE ARE SPOT LEVELS
WHAT DOES THIS MEAN
START ACCUMULATING M&MFIN @LOWER LEVELS
FUTURES TRADE IN JUNE CONTRACT
BUY @466-475
STOP @449.5
TARGET 1@490
TARGET 2@504
TARGET 3@520(IF BREAKS 509 ON CLOSING BASIS)
LOT:1250
SUGGESTED LOTS:2
NOTE IT IS A REPEAT CALL
