NSE:ADANIPORTS
Observations:
1) On Daily time frame, it gave breakout of 21DMA. If it sustain above it then we can see upmove.
Major breakout level to watch now is 760 level. Sustainable breakout of 760 level will give good up move.
Please refer below chart : 1 day Time Frame. ...
I hope you can now see how AdaniPorts represents an excellent low risk profit entry setup allowing you to trade in the market. Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed...
After adani news, Adani port is in sideways from past 6 months.
Share is trying to form a pennant
If 730 is taken out we can see a good movement in this share
Buy adaniport @730
with stop loss 675
target 1100
NSE:ADANIPORTS
I am posting this chart on request from one of the follower on Twitter.
Observations:
1) On daily time frame, we can see it has been trading below 200DMA and facing resistane from it.
Which is a bearish sign.
It has to break and sustain above 200DMA to start bullish journey.
200DMA is placed at 711.73 level.
Please refer below chart : 1...
NSE: ADANIPORTS 704
-Stock trading at major diagonal support
- Price bouncing with small candlesticks
- For more confirmation, we need the spike in volume and price both.
Adani port has broken the resistance of 740 and closed at 753. One can buy for a target of 850 in a short term. Stoploss : 705
Disclaimer : this is only for the education purpose, do your own research before making any buy/sell decision.
After a good fall and consolidation ADANI PORTS is showing the breakout of consolidation in form of triangle.
which gives a good opportunity for a swing trade with 1:3 RISK TO REWARD.
comment down your thoughts.
Adaniport could be long above 826 wtih the sl of 799 for the target of 850-880-910. (view)
1. As we can see the more bullish candle after rejection of many time of the resistance of 825.
2. As we can see the breakout happend of the resistance of 800 succesfully retested.
3. now momentum is breaking the consolidation zone.
4. Rsi is idicating the strenght.
ADANIPORT gave breakout today with volume, wait for a retest around 785, Stop loss would be 770 Target - 850 positional..
Disclaimer : The above chart is for study purpose only. I am not sebi registered not recommending to buy/sell, kindly consult with your financial advisor before taking entry.
accending 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.
NSE:ADANIPORTS
short only if find reversal at current PRZ
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
![ADANIPORTS: Simple Trade Setup | ADANI PORTS | 15-11-2021 [ INTRADAY]](https://s3.tradingview.com/u/U6iGwbPA_mid.png "Simple Trade Setup | ADANI PORTS | 15-11-2021 [ INTRADAY]")
![ADANIPORTS: Simple Trade Setup | ADANIPORT | 03-11-2021 [ INTRADAY]](https://s3.tradingview.com/f/FyC2T0z5_mid.png "Simple Trade Setup | ADANIPORT | 03-11-2021 [ INTRADAY]")
