Trade ideas
Adani port Red Alert
** Breakout Done but.....
** This is a huge range or horizontal breakout.
** These kind of breakouts fail( 80% of the time )
** This is the time when big sharks book their profits and price fall
**This is the time when newbie traders enter and trap by self.
**A post regarding this script uploaded already
**There is a chance to submit a successful breakout if price consloidate above the range.
**Happy Learning **
ADANIPORTS range BO soon???NSE:ADANIPORTS BSE:ADANIPORTS
Time Frame – Monthly
Observations :-
* Good consolidation in range 925-368
*Major BO above 925
Resistance – 1125 / 1350 / 1540
Support – Trendline support & 720-650 zone
DISCLAIMER : NCFM Certified Technical Analyst. I am not SEBI registered analyst. All posts are for educational purpose only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts reading.
Range breakout in Adani PortChart -> Adani Port Weekly
As per the chart, it was consolidating in a range from last 15 months.
This week it has come out of the range with an all-time high close.
CMP: 906
Good to add: 850to900
Targets: 1010, 1095, 1156
SL: 815, weekly close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
Trade Setup AdaniportsAdaniports gave breakout of daily resistance (372) today. If stock closes above weekly resistance (375).
Existing Positions : Hold
New Buyers : Can buy stock at current levels if trading for shorter time frame. If trading for slightly longer term, wait for weekly close above 375
Short term target 1 - 908
Long term target - 1004
ADANI PORTS
NSE:ADANIPORTS
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
Higher time frame consolidation in Adani Port.Adani port just near a resistance zone and has formed a bearish candle on the weekly time frame.
The main thing to watch out for a nice breakout or break down is mainly the time a stock has consolidated in a range.
It has been in the consolidation zone from March 2021.
If the market gives a break out of higher time frame, then huge target can be achieved in the long run.
Adani port has been in the range for 15 months.
The stock has tested the monthly 20 ema and given a nice push upto the resistance zone of 885-900.
Higher time frame gives a clarity as it shuts the distraction of the smaller time frame.
August month is about to end. Watch out for a break out on the monthly chart for a buy or if there is a negative candle on the weekly time frame go for a short sell.
Support :- 780, 671
Resistance :- 902 (The only resistance for now)
If the stock moves up the higher target can be predicted by Fibonnaci extension tool.
Wait for a proper signal and a price action before entering the stock.
A nice swing and positional trades can be initiated.
Adaniport Long OpportunityAdani port is trading at important levels.
from here two possibilities
1) if it broke yesterday's high then
Buy at 812
Stoploss - 794
Target - 849
2) If it falls below 794
then look for buying signal neat 775 then target will be 850 without any stop loss this trade will be for 1 month.
my favourite setup- Huge Range Tradeyou should always try to find price near support level in these types of trade setup.
First you should the range-
. There are two type of range as per my setup
1. small range
2. huge range
1. Small range- one can trade as range breakout because there are less chances of breakout failure( if fail then very small stop loss due to small range)
either place a trade at lower of range or at breakout ( risk reward will differ a little)
2.Huge range- Do not try to trade at breakout of range because there are more chances of breakout failure
try to enter at lower of range ( risk reward ratios much high because SL is very little )
Happy Trading!!
ADANI PORT -- INTRADAY SETUP --22/08/2022ADANI PORT --15 MIN CHART - INTRADAY SETUP -- 22/08/2022
1. Adani port seen trendline breakdown strong bearish candle on 15 min chart , last closing candle
2. DOUBLE TOP formation seen on chart at 880-882 level which is short term intraday bearish momentum next session
3. SQZMOM indicatior also shown double top formation and further fall can seen from this level
4. Short adani port on intraday at current level 869 For intraday target 860-850 stop loss above double top level 885
THIS IDEA IS FOR EDUCATIONAL PURPOSE ..trade at own risk. !
HAPPY TRADING !!
Adani Port : Be cautious, again reaching Multiple Top ResistanceAdani Port is again reaching Multiple Top Resistance at 915 and high probability of reversal from here because of profit booking , hence longs may be cautious. If it can open and sustain above this level for 2-3 daily candles then pyramiding maybe done.
YR 2022 Idea #104: Long on ADANIPORTSThis is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.






















