What traders are saying
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..
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.
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.
Adani Ports & SEZ Ltd - 25.03.2022Adani Ports & SEZ Ltd - 25.03.2022
The stock is trading @ 743 levels
There is a HAMMER @ Resistance in Daily Charts
There is a DOJI in Weekly Charts
RSI is 53 in Weekly Charts
There is a STRONG RESISTANCE Zone @ 751 levels
One can initiate a BUY Position above 748 with SUPPORT @ 729
The BREAKOUT above 767 is expected as there is a INVERSE HEAD & SHOULDER CANDLE FORMATION in Daily Charts (Neckline: 745; Low: 651.95)
Watch out for the price action
Is this false break out on day chart in Adani ports ?? On 24/02/2022 It clearly made a clear Open and Close by breaking down the consolidation of around 1 year, and it retraced / short covered exactly to the retracement point.
Will it be a good confirmation for the selling in Adani ports in short term for next 10-20 percent downside and
Would it be the false breakout as the nifty has the are of 200/400 points to 16800 / 17000 to cover on upside.






















