Adani Port Special has possible correction aheadOm Namah Shivay
Adani port special with EW analysis has possible correction ahead.
The current movement has been assessed as an Impulse and done the counting.
Om Namah Shivay
ADANIPORTS trade ideas
Elliot wave Analysis # Bullish SequenceNSE:ADANIPORTS
Adani Port Bullish view, Intraday Trade Setup (14-01-2021)
Confirmation to Buy ADANIPORTS @ 525 level
Invalidation level @ 520
Intraday Target: 530, 534
Risk Reward: 0.95 : 1.71
Trading Psychology - “Do not anticipate and move without market confirmation—being a little late in your trade is your insurance that you are right or wrong.” -Jesse Livermore
Disclaimer - Any of my investment or trades I share on my blog are provided for educational purposes only and do not constitute specific financial, trading or investment advice. The blog is intended to provide educational information only and does not attempt to give you advice that relates to your specific circumstances.
Adani ports getting ready for another breakoutAdani ports getting ready for another breakout. If 527 resistance is broken then good upswing possible. Target 1-535, Target 2-550
*** Purely personal analysis ***
Investment in securities is subject to market risks. Kindly consult your financial advisor before investment
Swing trade idea for educational purposeDo not trade in area where it is marked, cause the market wont be predictable in that area.. once outside that area a person can check if the support or resistance is respected and then take an entry with strict stop loss... for any suggestions or clarifications do contact me... note: stop loss for short is 518.50 .. not 516
Adani PortsIn monthly time frame every time in the past whenever price has had a big gap with its Kijun the trend has reversed. Once again we are witnessing similar kind of extreme range levels. Since this is monthly it could take its time, a weekly close below 495 would be a trigger for retracement till 425-400
ADANIPORTS BUYADANIPORT
Buy above 510 for the TGT of 522
SL 499
Disclaimer: Ideas for learning Only.
Adani ports long with a little riskPlayed in 1st resistance zone for a week to enter the next resistance zone.
Might check support at R2 before jump.
However shooting star formation could happen too.
So wait for tomorrow's candle to close, if its green; buy day after.
MACD says bullish. so could be a good entry point.
RSI Still under over bought zone.
Adani port, extended impulse wave likelyAdaniPorts is in strong uptrend and post 0B like break of corrective wave has moved strongly. It is likely that the move will be extended.
Target1: 570
Target2: 640
Stoploss: 495 (daily closing basis)
ADANIPORTS - KEY BREAKOUT LEVELS FOR 6 JAN 2021For more charts, please contact me via direct message
Take Long position on ADANIPORTSAdaniport breaking its all time high for past few days holds a big potential that is yet to be unleashed. Its best time to take positions in adaniports when it retreses on daily time frame.I have personal holdings of about 15,000 Shares @463. And i know that this stock will perform better in coming months.
Adani ports making newer ATH levels from our previous level Adani ports took a beautiful support at previously broken resistance and continued up move. Moved almost more than 25% up from our previous level mentioned in previous charts. Respecting support and resistance very nicely. Previous charts are in links below.
Adaniports made Flag !! Rally up or Fall down ???? It broke the trend line, and consolidating between 456 and 475 level.
It also looks like flag and pole.
Sell if it breaks 455. Flag can give breakout or breakdown.
Buy if it breaks 475.
Only for intraday. 14/12/2020.
Don't go for greed or fomo stage. Wait for levels to break and book profits as your comfort.
ADANI Port - Ascending parallel channel at monthly chartADANI Port - Ascending parallel channel at monthly chart
