If the previous Monthly Liquidity is swept then the NSE:ADANIPORTS will be bearish for intermediate term as there's a huge liquidity pool residing below the level of 650 to 600.
Otherwise, it's Bullish.
#smartmoneyconcept #adaniports #advancedpriceaction #ictconcepts
Adani Ports and Special Economic Zone Ltd. looks like an Inverted head-and-shoulders formation. If the price breakout the neckline & sustains above the 850, the pattern will be activated. See upside upcoming target 974.
ADANIPORTS:- around 2 years consolidation period. We can expect a bullish move
wait for Darvas box breakout
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get...
only follow simple basic support/resistance,easy to learn and earn,dont make complicated ,already mention in pic ,
follow basic rule trade with proper stoploss.
new trader try to retest your accuracy.
after candle characteristics learning,follow resistance ,support and trend.
Adaniports looking for bull up to 885-900 zone
SL recent swing low 800
If get rejection around 885-900 zone and take u turn from there then get ready for down side. with swing high SL
Expected target 780-85 and second target 710-15
This is my personal view i dont recommand to buy or sell.
After a long consolidation it had broken out of channel, & now back into it. I expect 840-845 support to hold. It may see fresh buying from these levels. However, if it doesn't, it may witness some heavy selling in coming days.