ADANIPORTS trade ideas
ADANIPORTS 15M Cup and handle pattern;RSI DivergenceCup and handle formed on 15M chart on ADANIPORTS along with RSI Divergence. Proper on verge of Bullish breakout. Must watch
Learn more from @anishboomingbulls @Boomingbulls.
Holding supportSupport is at 660 which is likely to hold and may move up after some consolidation gaining strength around the support
adaniports symmetric triangle a symmetric triangle on day time frame (my expectation bullish breakout )
long side target ------ 850/890
buy above ------------- 800
stop loss:--------------- 760
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short side target ------- 690/630
sell after breakout
stop loss----------------- 770 or 780
Adani Ports; The path takenFor new entry, STAY AWAY. This update is for those who have a position on the stock. I am strongly against averaging but there is a high possibility that the price might go up to the next resistance of 767. There is a strong bullish engulfing candle that has formed on Friday. So if you want you can average your position with a small amount. But do that only once and don't repeat. Averaging has a potential to wipe out your entire account. Best option would be to day trade and make some money to recover your losses. Keep your stop losses tight at 2% from your entry. This is a rule of 2 that I follow myself. BE VERY CAREFUL as things for adani are not looking good as a company per se .
Personally I will not average if you ask m e. See my previous update in the link. Message me for faster updates.
ADANI PORTS EAGLE EYE 1.ON MONDAY 21/6/2021 WE CAN EXPECT A DIP BUYING IN ADANI AS ON LAST DAY IT WAS UP 47 POINTS WHICH MEANS BUYERS ARE NOW INTERESTED.
2. SO WE CAN EXPECT A GOOD BULLISH CANDLE BUT THE WEEK CANDLE MAY END IN SIDEWAYS.
3.THERE IS STILL A RISK IN ADANI GROUP BUT PORT,ENTERPRISE ARE GOOD HOLD.
SHIVAM MISHRA,
MGB
Buy if closes above 691 Let today's candle close above this. Next target 767.
Message or comment if you want faster updates.
Adani Ports showing positive intraday momentumNSE:ADANIPORTS has taken a good support around 650 levels. It's showing positive intraday momentum.
ADANIPORTS (Possible Head & Shoulders Pattern & RSI Divergence)Early Indication of Selling in ADANIPORTS with RSI Divergence & a Possible H&S Pattern.
Confirmation of Short Trade, once Neckline is Broken & RSI falls below 50.
However a better Short Trade would be at a daily close below 689.50
Failure Point & Stop Loss: 790
Measured Target as per H&S Pattern will be around 500 - 515 levels
Do Not Average if you've bought at the topThose levels are reacting very well and the price is likely to run along these for some time. If it breaks 691, a huge slump may come. But as of now you can trade between these levels with tight stoploss. Shorting would be ideal.
Adani Ports: Great Assets First Target : 600 !!
Then there would be a recovery.
Final Target: 420 !!!
More Pain in ADANIPORTSAll Adani Group shares has been crashing after the news. ADAPORTS will fall till 543- 540. the it will give a bounce. Think of buying at the PRZ level only.
CAUTION 700 Percent OI change !!WTF !!!!!
this is the highest ever seen builtup of shorts in a single day for both current and next expiry
700 % buildup....OMGGGG
5 years into trading and this is the first of its kind
with margins set to increase after 3 days, this can take any turn from here... steady decent or EXPLOSIVE short covering
ALL TO STAY AWAY
20% Lower circuit and now again on a good level - Power of ADANII JUST LOVE WATCHING CHARTS DANCE THAT'S ALL :)
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🔰 {Some info}
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
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Adani ports for 14.06.20211. buy above -847, Targets - T1, T2, SL-841
2. Weak below -836. Targets - T1, T2, SL- 842
3.void if opens big gap up or gap down
Adani Ports view and levelsNSE:ADANIPORTS
Looks like the breakout is a good one.
Planiing to enter at the rest or when the high of the small red candle is taken out.
Some scam related rumours are happening with adani stocks if heavy profit booking is happening right at the open itself I will be avoiding this
