BREAK OUT IN ADANI PORTSymmetrical triangle breakout Daily Chart
Supported by Good delivery on 30th July, Change in RSI from from 35 to 52, EMA 4/9 cross over
Keep it in your watch list and follow trend for more confirmation
ADANIPORTS trade ideas
'W' Pattern or double bottom breakout in Adani ports.. One can go long above 705 for the targets of 740 with stop loss 693...
Long Buy above 734
Sl -699
T1-769
T2-806
T3-900
Breakout of triangle pattern
734 k upr sustain krne do then see the movement in few days
Once case against Adani goes off , u guys will see this stock going higher highs in next year
Adani holds max sea ports , airport of India
Govt will definitely take favor
Very soon this will rise high
Its all my opinion, TA and fundamental studies rest ur money ur risk
100 % Hit, 2 calls F&O Profit only Rs: 23375.00- Appx 30% ROIToday 2 calls shared in Options and both got hit with good returns: Almost 30 % ROI
R R R - 1:4
NSE:ADANIPORTS
Profit
9.1* 1250 = Rs. 11375 Per Lot
NSE:AXISBANK
Profit
29 - 24 = 5 * 1200 Rs. 6000 Per Lot
Adaniport consolidation over?Formed a base around 61% fibonacci retracement level and now ready for a upmove
Target may be 750- 800
Enter with stoploss at 650 DCB
Huge Volume - Is it a trap? Col-linear Trap?Huge Volume - Is it a trap? Col-linear Trap?
Reasons for probability trade:
1.High Volume
2. Large Bullish candle
3. RSI range shift - took support on 40 and moved up
4.Trendline support
Entry : Break of 385
SL :364 (Daily closing basis)
Target:420
ABC correctionsso, first it should move up towards 780-800 quickly and then get rejected from there and fall sharly towards 550.....
Adani port spt cmp 777Adani port
bullish harmonic bat pattern formation
symmetrical triangle pattern formation
Good long candidate
Adani PortsCMP 669
Good likely opportunity to Buy at Rs 620.
Wont Go Short here, though its 7.5% downside from here.
The upside potential from 620 levels seem enormous.
