Adani Port Technical AnalysisSell below 775 for the target of Rs 758, SL 790, if red candle forms. Else Buy above Rs 812 with target of Rs 840 SL 792. The stock is under consolidation phase and sideways, lower side expectation
ADANIPORTS trade ideas
AdaniPorts 1HJust placed my idea in Position drawing.
Red Zone: Resistance or Breakout Zone
Grey Zone: Repeated Hurdles (Support/Resistance)
Green Zone: Support or Breakdown Zone
Note: BUY above Red Zone
BUY at Green Zone.
SELL at Red Zone or Trail at Grey Zone
Just follow the Entry & Exit. Trail SL after 1:1 to Cost + Brokerage.
Also you can ask for my views on any chart.
A Fresh lookThis is my trading journal, not a trade recommendation. Idea presented only for educational purposes for me and others who want to benefit from my experience.
Analysis @ Daily candle :
Last candle is Open equal to high(15July), but price higher then previous day open and close; taking resistance from prior PAZ/Flag Limit/Base, Absorbing the supply at PAZ.
Double bottom reversal (DBR) confirmed; Measured move done for DBR.
AB=CD of swing move awaited;
First Pullback of AB leg,
Can consolidate b/w 715-740
Trade Plan:
Wait for breakout of last swing high( entry at H2 breakout confirmation), or spring action near 715(if consolidation occurs); Higher risk reward ratio in case of spring entry.
Entry above 738.5 (2 lot) stop loss below 713; approx. 25 points
Target 1st lot @ 758; approx. 20 points
Target 2nd lot @ 800; approx. 62 points, Can trail stop loss based on structure
DISCLAIMER:
Trading in the stocks market or futures markets is on e of the riskiest forms of investments available in the financial markets and suitable for sophisticated individuals and institutions. The possibility exists that you could sustain a substantial loss of funds and therefore you should not invest money that you cannot afford to lose. Nothing in this analysis is a recommendation to buy or sell stocks or futures and I shall not be liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from the use of this analysis or reliance on such information. Consult your financial advisor prior to investing is stock market.
This is one person’s experience, your experience may differ. Past performance is not guarantee of future gains.
Adani Ports Ltd. A swing trade opportunity ?As per the technical analysis, we have witnessed a "Double Bottom" pattern formation in Adani Ports Ltd. on a daily time frame with the neckline just breached on Friday's session. The stock is expected to face a rejection in coming week as it is approaching it's 200 day and 50 day moving average. Also the volume leves were decent enough on Friday's session. There could be 2 trading opportunities in this stock.
1. One may enter at current levels as we have just breached the neckline with decent volume levels. (Liitle risky)
2. If the stock goes above the neckline in the coming week, one may wait for a retest of the neckline level which will provide some extra confirmation. (most preferrable)
The stock may see an upward move upto the levels of 745-755. On the downside, an ideal stop loss should be around 695-698 levels.
The above analysis is just for educational purposes only. Investors / Traders are required to do their research before entering into any position.
ADANI PORTS Wait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the pullback.
6. Don’t chase the market.
7. Don’t fight the market.
8. Even in the strongest trends there should be some retracement.
9. The closer the market is to the trendline, the better the risk/reward ratio is.
10. Use ADX to determine the strength of the trend.
11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy
12. Hold trades longer in a strong trend.
13. Wait for confirmation of a trendline breaking before reversing position.
14. Know where the Support levels are.
15. Place stops outside the Support levels.
Thank You..
ADANI PORT - 18tj July 2022Stock at Medium Term Support Levels.
Long Term Investors can look to Accumulate at these Levels.
Bulls can dominate from here as long as these support zones are not broken
Adani port willl be Rocket soon2 hourly BO with retested done . take support on 200 Ema . BUllish fleg Pattern there.
ADANI PORT - SWINGAdani Port Weekly chart - Range Bound and inside a channel
Currently near the demand zone.Good for Long
AdaniNSE: ADANIPORTS
If Breaks Then The Targets could be Taken at 743
Time Frame :- 1 Day
Patterns Name :- Double Bottom
We are not responsible for any profit or loss
Based on Your Own Risk this is only to Show you the Current Pattern
Comment Below If You want to ask me questions on this on any other idea
BTW Like and Follow if you like this awesome content
Made By MAYANKTECHRESEARCHING
#ADANIPORTS CHART ANALYSISStock Name :- ADANI PORTS
Type :- Buy
Pattern :- Double Bottom + W Pattern Breakout
Time Frame :- Short Term Trade
Entry :- 723 to 725 INR
TP :- 758.30 INR , 774.70 INR & 811.35 INR
SL :- 699.15 INR on daily close
#NFA #StockMarket #Nifty #DYOR
Falling wedge pattern in ADANIPORTS.The falling wedge pattern seen in today's session has given a breakout in ADANIPORTS. Entry above 715+ and it's long target will be 810+ in 1D timeframe.
ADANIPORTS is Trading in Rang MARKETNSE:ADANIPORTS
Let see the price action = stock is trading in range expansion, range contraction
in this range , trend line is broken we can expect the 1 target as 770.
fix your stop loss as per you R:R.
the company is announced Dividend - Rs 5 Per Share
Ex-Date 14-Jul-2022
Record Date 15-Jul-2022
ADANI PORT --- INTRADAY SETUP - - 04/07/2022ADANI PORT --- HOURLY CHART -- INTRADAY SETUP
1. stock seen double bottom formation at 655 level
2. Rounded bottom pattern seen on chart after double bottom stock move upword direction.
3. while formming rounding bottom stock having support 21, 44, 200 Hull moving avg, seems upwrd movement continue from current level
4. Histrogram seen bullish reversal from downtrend at last hourly closing candle
5. Stock currently trading at trendline breakout where breakout turn strong bullish momentum
6. BUY at current level 678 for intraday target 682-685-692 For stop loss 668 bellow intraday support 672
* THIS IDEA IS FOR EDUCATIONAL PURPOSE ** trade at own risk . !!
HAPPY TRADING. !!
Adani Port - Moving in RangeAs seen on chart, we can easily see that Adani Port moving in a range of 230 points....any break of either side will give Huge move on upside or downside
Support at 655 and resistance at 885....Now watch out both levels....
Giveaway Alert - Win a Pro, Pro+, and a Premium plan!We are giving away a Pro, a Pro+, and a Premium plan to you, our community of traders and investors. ❤
All you have to do is subscribe to our weekly newsletter and join the family of over 25 lakh readers. If you’re already subscribed, keep reading to learn how you can win.
What is our weekly community newsletter?
Our weekly newsletter is built for one purpose: to keep you up to date in the markets. We include educational posts and ideas from our community, top scripts, an earnings calendar, an economic calendar, and more to prepare you for each week.
How to subscribe to our weekly newsletter?
1. Go to the top right-hand side of your screen, click on the display picture and then select “Profile settings”.
2. Then click on the “Notifications” tab.
3. Once you open the notifications, you will see various options under the “Email preferences” tab. Just check the “Weekly digest” option and save changes. That’s it, you are good to go!
4. Once you are done subscribing to the newsletter, just sit back, and relax. We send our newsletter each Monday morning and we’ll be sharing the contest details. Make sure to open the next newsletter! Set a reminder for Monday at 9 AM.
When you receive our next newsletter, follow the instructions and you will be entered for a chance to win. We look forward to seeing you. Oh, and please feel free to send us any feedback about our newsletter. We especially want to hear if you enjoy it or if there’s anything you would like to see added!
Let’s go!
See you all next week. 🙂
– Team TradingView
ADANIPORTS @ SupportNSE:ADANIPORTS
#NSE:ADANIPORTS trading @ support and retested, 637 could be the next level, few chances to bounce.
Happy LEarning !!
Adani Double Bottom On 15 min time frame the stock is formed a double bottom pattern and trading above 685 will breakout this pattern. A good potential up move in the card.
ADANI PORT - 21st June 2022Stock at Key Support Area of 660-620.
Holding of these levels can help Bulls drive prices higher.
Break of these levels can cause some price damage by bears
GOING TO KILL ADANI PORTS Adani ports is looking weak on weakly charts gives negative divergence on relative strength index (RSI) too and by chance market is also supportive for contra calls
Trading near support level When price trading near a well defined boundary . Our work manage our qty and risk . If price break lower boundary and sustain then exit and if hold upside not limit .
