ADANIPORTS Breakdown WatchStock Name: ADANIPORTS
Entry Point: Considering a short position if the price breaks below today's low, supported by strong open interest (OI).
Stop-Loss (SL): Placed above today's high to control risk effectively.
Target: Near the next key support level or adjusted based on real-time price movement.
Disclaimer:
This analysis is shared purely for educational purposes and is not a recommendation to trade. Please perform your own research and consult a financial advisor before making any investment decisions.
Adaniportsanalysis
ADANI PORTS | SELL @ 1080 - 1050Adani Ports has strong resistance zone at 1050 - 1080 and formed a bearish pattern at the top. Sell trade can be initiated in the resistance zone for the marked targets on the chart until 1120 is intact on the upside.
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Happy Trading!
InvestPro India
Adani ports touching new ATH!!!Adani Ports has closed above its weekly resistance zone.
The stock has rallied form 807 to 870.
On daily time frame, a good bullish candle is formed and on volume analysis high volumes are there.
Support :- 858-865
Resistance :- 900
Don't just jump into buying. Wait for the retest or break out of 900 level.
If the stock crosses the levels of 900, further levesl will be tracked on fibonnaci levels.
Adani Port Chart Analysis !! Broke Out.📈 Adani Port 📉
Adani Port broke out from a Downtrending Trendline zone after testing three times and it was inside a beautiful triangle pattern as well. Yes it has closed at high of Fab and March too.
So I am biased on long side.
On Buy Side I am looking for initial Targets of 813 and 878.
StopLoss should be kept at 715.
It offers 1:2 Risk Reward.
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
Adani Ports & SEZ Ltd - 25.03.2022Adani Ports & SEZ Ltd - 25.03.2022
The stock is trading @ 743 levels
There is a HAMMER @ Resistance in Daily Charts
There is a DOJI in Weekly Charts
RSI is 53 in Weekly Charts
There is a STRONG RESISTANCE Zone @ 751 levels
One can initiate a BUY Position above 748 with SUPPORT @ 729
The BREAKOUT above 767 is expected as there is a INVERSE HEAD & SHOULDER CANDLE FORMATION in Daily Charts (Neckline: 745; Low: 651.95)
Watch out for the price action
Simple Trade Setup | ADANI PORTS | 18-01-2022 [INTRADAY]NSE:ADANIPORTS
Observations:
1) On 1 day time, we can see it is at interesting range. Breakdown of this range will give down move and if it gets support from this range then we can see up move.
Please refer below chart : 1day Time Frame.
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Trade Setup for 18-01-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | ADANI PORTS | 05-01-2022 [ INTRADAY]NSE:ADANIPORTS
Observations:
1) On 1 day time frame, we can see that it open above 200DMA and took support from it and sustain above it.
200DMA is placed at 736.60 level.
Please refer below chart : 1 day Time Frame.
2) On 1hr time frame, we can see the parallel support channel, breakdown of it will make it ready for down move.
Please refer below chart : 1hr Time Frame.
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Trade Setup for 05-01-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.