accending triangle pattern for Adani portaccending triangle pattern for Adani port
price hold support trend line even after declining in Q4 result
volume profile shows strong support at @746
also, the decline in volume shows confirmation of this pattern.
If the price cross 785-90 with good volume then consider this as a strong breakout.
so the expected target is 10-15% from this level.
Adani
adani power (ready to fly again)In march I was able to capture its move , similar pattern it is making now .
In the coming days it is going to give brakout and it will fly again .
With stocks like adani power it is good to take risk as it surges really fast .
I will enter even before brakout you can also think like this.
Adani ports on 15 min We forgot to mention about Adani ports. Few days back and we told that stock has made ascending trainable pattern and breakout on either side will give good directional target. Targets achieved.
Adani port is in news after S&P index has decided to remove the stock with it links with Myanmar military. We can see some fall in upcoming days if markets reacts negative on this news. Trade safe
ADANI PORTS ON 15 MINS CHARTAdani port has made Triangle price action pattern. It can also be called Ascending triangle. As we have discussed earlier a lot of times that Ascending triangle is a neutral pattern n it can give breakouts or breakdown ie can move either side up or down. Traders are told to hold target of the exact price range of triangle patterns high n low. Trade safe. Look for long setup when pattern is broken with good volume & vice averse for short trade too.
Adani Ports- Northbound to 1000- A Potential 20% Upside From CMPHi folks,
Adani Ports may be headed North to 950 - 1000 levels after the recent surge yesterday. This could be a 3rd up of the Final Fifth (of a large degree), so tread cautiously with a strict SL. If things pan out as per plan, we may see our target in the coming weeks, which is a cool 18-20% upside from the current levels.
But again, please work with a tight SL since we may be dealing with a Final Fifth (of a large degree).
Please don't forget to 'Like', or a word of encouragement would be fulfilling too, for the hours of research that I put in before I publish any of my work :)
Cheers !!
Note: This view shall be invalidated if the price goes below 795 with force.