Adani port is ready for a reversalI had given sell call 2 days before in Adani port and target hit on sell side. now I am giving buy call on adani port with short term target ok 368 with sl of 344. Only for educational purpose
ADANIPORTS
Adani Port may give you quick target of 344If adani post breaks 354 on monday than it will give target of 344 on monday
adaniport short till PRZ as per their trade setupNSE:ADANIPORTS
after reaching PRZ one can look for reversal too
Adaniports: Short Term Viewa. Zone: Strong Bull
b. Resistance 1: 363.55
c. Resistance 2: 373.50
d. Support 1: 313.70
e. Support 2: 298.80
NSE:ADANIPORTS
Adani Ports Potential breakout from Inverse HAS PatternAdani Ports is on a perfect setup for breakout on daily charts. Break out above 365. Buy@365 with target of 375 and stop loss of 358.
Adani PortsAdani Ports Special is at crucial supply level... if breaks 367, good to add for targets 390 400
ADANIPORTS short at 364I will short ADANIPORTS because :
It is facing a strong resistance at the trend line .
Its not been able to break that trend line .
The price is again at the resistance trend line and may fall.
If it breaks the resistance trend line then we will be looking to buy.
Entry : 364
Target : 338/313
Stop loss : 376
ADANIPORTS SHORTING OPPORTUNITYSTOCK HAS TAKEN RESISTANCE AT 366 LEVELS MULTIPLE TIMES, ONE CAN SHORT AT CURRENT PRICE WITH STOP LOSS OF 8-10 RS AND TARGET OF 20-25 RS
ADANIPORTS ANALYSIS200 DMA is a great simple strategy which provides good RR trades such as this one.
The idea here is simple. Markets tend to be range bound 80% of the time, which is called the contraction phase. The other 20% of the time the market is breaking out, called the expansion phase.
To win the game, it is important to understand the probabilities and play the probabilities.
For the price to breakout above key resistance levels and breakdown below key support levels, there has to be a catalyst that enables this to happen. The catalyst can be macro-economic news, good/poor earning reports, breakout of war, elections etc.
Such news comes about often but is still rather rare. Range bound trades enable a higher probability of success and lower risk as the stop loss that one can place is closer to the price. A breakout trade on the other hand will have a stop loss on the other extreme of the range, increasing the risk significantly.
Hammer pattern which has been formed on this chart is a good indication of a a fresh bearish move starting. It shows that the higher prices have been rejected yet again.
DM me if you have any questions and LIKE if you found this helpful! :)
Adani Ports Bullish momentum seenAdani Ports Positive momentum trying to cross above 367 can gain towards 400+ with 350 SL
HOW I SAVED MY MONEYTHERE WAS RESISTANCE ,
AS SIMPLE AS IT SOUNDS
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YES , I DONT USE ROCKET SCIENCE TO MAKE MONEY
Adani Portsparallel upward channel since 2008....whopping 13 years.
Currently its not very clear, though back down to Rs 270 cannot be ruled out.
ADANI PORT SPECIAL - Cup & handleAdani Ports has formed a nice Cup & Handle pattern for the traders. Target on the chart.
Disclaimer : The opinions and analysis expressed herein are for informational and educational purposes only and should not be considered as individual investment advise or recommendations. I am not your financial advisor. Risk it for Biscuit.
