In-depth trading ideas
ADANI PORT-- INTRADAY SETUP -- 09/05/2022ADANI PORT -- HOURLY CHART -- INTRADAY SETUP --09/05/2022
1. stock seen at oversold line at hourly chart , most possibilities bounce back from this level as seen on chart wave trend seen move upword.
2. Resistance line as well as trend line intersect the point where stock close at last trading session sub 812 level
3. breakout of resistance line and trendline will be above 813.50 level stock will be seen upside movement near term
4. strong support seen around 800-810 level whereas resistance seen around 840-850 level
BUY ADANI PORT intraday above 813.50
TARGET 825-835
stop loss 795
&& THIS IDEA IS FOR EDUCATIONAL PURPOSE .. trade at own risk
HAPPY TRADING. !!
Breakout From ConsolidationAfter a hugh upmove stock has been in consolidation.
Now stock has give a good breakout with almost highest volume since Sep 2021.
It has been consolidating and strongly taking support at 038 fibo level.
For last three weeks it have been approaching the resistance line and now gave breakout.
There is high probability that it may make a new fresh 52 week high in upcoming weeks.
This post is for information purpose only.
Do not consider it as call.
Buy ADANI PORTS for 1050 plusADANI PORT has given breakout above 900-905 range. But technical indicator showing bulls can be trapped as RSI in overbaught zone while MACD is very near to 0 levels. Need proper consolidation around these range for fresh journey towards 1050 to 1100 levels. Invalid below 850 range
Range breakout in Adani PortChart -> Adani Port Daily
Range breakout in Adani Port as it has given close above previous all time high of 901. The breakout has more than a year of consolidation behind it, which is a great trigger for the stock.
CMP: 909
Target: 1150
Stoploss: 820
Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.
ADANI PORTS SPECIAL: LONG TERM HOLDNSE:ADANIPORTS shows strong buy indicated by PSAR, MACD & Fisher crossover.
Target 1: 901.60
Stop Loss: 815. 25
𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
Adani ports touching new ATH!!!Adani Ports has closed above its weekly resistance zone.
The stock has rallied form 807 to 870.
On daily time frame, a good bullish candle is formed and on volume analysis high volumes are there.
Support :- 858-865
Resistance :- 900
Don't just jump into buying. Wait for the retest or break out of 900 level.
If the stock crosses the levels of 900, further levesl will be tracked on fibonnaci levels.
Adani Ports - Possible Correction Adani Ports looks bearish on Daily & Monthly TF due to drop in Long wick candles on Monthly and a Bearish Divergence on RSI in Daily TF. A rising wedge pattern is currently being formed a daily TF.
This is solely my view and for educational purpose only.
let me know your thoughts in the comments section






















