Adani ports long trendline breakout sustaining lower levels
good fundamental nifty 50 stock
increasing volume at trendline breakout
ADANIPORTS trade ideas
Adani Ports - Flag BreakoutTime Frame - Weekly
The stock of Adani Ports has been trading in a flag since May'21 forming a volume contraction pattern. Volume has also seen a clear reduction/limited activity in the same period. But in the week ended on 1st April'22, the stock has confirmed a flag breakout with a strong bullish candle along with a spike in volume as well. We will have to wait a bit to confirm if the breakout is genuine and if it is, one may form a long position during a retest of the flag with the below-prescribed levels
Entry zone = 750-765
T1 = 880
T2 = 1080
SL = 665 (One will also have to maintain the risk according to the broader market as support of the same will be required for the stock to tough new LTHs)
Do consider following the account if the idea served value to you.
Bought Adani Ports on Thursday 31 MarchRS greater than zero.
All moving averages converges at a place. Price greater than 200 MA.
Volume spike and Green candle
adani ports hourly RSI breakout Adani ports hourly RSI breakout triangle pattern!
Adani Ports and Special Economic Zone's earnings over the next few years are expected to increase by 99%, indicating a highly optimistic future ahead. This should lead to more robust cash flows, feeding into a higher share value.
ADANI PORTSWatch Adani ports. On a weekly timeframe it’s about to breakout from the descending trend line. It has also taken support from the bottom zones of 640-680 levels. Expecting targets of 900-1000
Please note I’m not a sebi registered analyst. Please analyse your self before investing.
ADANIPORTS trading @ Resistance ↗️NSE:ADANIPORTS
#ADANIPORTS trading bullish near resistance levels
Potential levels marked !!
Happy LEarning !!
ADANI PORT - Triangle breakout + 200EMA consolidation - Swing The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
Adani portssymmetrical triangle breakout
Volumes increasing
Above 765 can take it further with 785 as first
target and 815 as second
stay tuned
#Adaniports cash : Looks good above 770.10#Adaniports cash -Positional call
29 March 2022
Looks good above 770.10
Stoploss at 740
Target 828-830/900
Cmp 762
Strong Consolidations#AdaniPorts Weekly chart #setup
I will prefer to wait for more price conformation .
Adani on fire !!!!The stock gave trend line breakout with decent volume.
and nearby Support and resistance area founded, If once its broken we can expect good move.
This is only for educational purpose. !!
Adani port near crushial level of breakoutAdani port for swing trade , near breakout
Buy if it gives out
Disclaimer-
Trade On Side of Market And if you find that trend is week then you can exit before target.
Do Your Own Study Before Taking Any Decision All These Charts Are For Learning Purpose.
Wait For Breakout Before Entering A Trade, Wait for Your Levels Before Entering A trade.
𝘽𝙚𝙛𝙤𝙧𝙚 𝙗𝙪𝙮𝙞𝙣𝙜 𝙙𝙤 𝙮𝙤𝙪𝙧 𝙤𝙬𝙣 𝙖𝙣𝙖𝙡𝙮𝙨𝙞𝙨..
Adani Power: LongAdani ports may be the next contender in the adani group for a massive up move. Massive consolidation and range bound movement for last few months and attempting a trendline break out
Targets: 795, 829, 901
SL 700
Watchout for Trendline BreakoutAdani port looks bullish on the chart. keep on your watchlist and wait for a breakout above 760-765 for the targets mentioned in the charts. RSI is at good level.
- Purely price action based charts
- Positional as well as swing trades.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Reverse H&S Breakout in adani portBUY Above 752
stoploss 730
Targets 760/780/795
it has tested 750 levels again and again breakout of this level with volume will push the price to the above mentioned levels depending upon the streangth of markets. The breakout seems to be very sure and good.
Adaniports anaylsis for next weekThe stock on 4-hour time frame has closed just below the crucial resistance of 745-50.
If the stock closes above the 745 and sustains on a hourly time frame, entry can be made.
20 and 200 moving averages are converging. Finally, 20 ema has crossed over the 200ema.
Wait for the price action near the resistance level.
Support and resistance levels are marked and listed in the chart itself.
