ADANIPORTS trade ideas
ADANIPORTS TRIANGLE 15MA triangle pattern can be observed in ADANIPORTS in 15M timeframe & can be a good opportunity for intraday as well as a positional trade. The resistance has been tested multiple times now and has become weak. We can see a breakout tomorrow. We can initiate a long position when price crosses the high of breakout candle. Keep your SL to the nearest swing low. Risk management is the key. Happy Trading!
#ADANIPORTS CASH : LOOKS GOOD ABOVE 475.10#ADANIPORTS CASH - POSITIONAL CALL
14.DEC 2020
LOOKS GOOD ABOVE 475.10
STOPLOSS 440
TARGET 530/570
CMP 467
Adaniports Mostly BullishDaily Chart
After A huge Rally, it has stopped moving,
and ranging with below average volume.
A break out of consolidation on lower side
can test 430-436 Level.
On upper side, break out of consolidation
can give 500/522
consolidation after a big uptrend signals an other to come soon the volume is also very low in consolidation so let's wait for a breakout
ADANIPORTS - Buy above 370NSE:ADANIPORTS
Buy At 370 or above
SL - 357 or 1% of your money with proper position sizing.
Reason for the trade: 3 months of accumulation and for the first time price has closed above the green line, hence ready to move out the value area and into markup phase.
Volume was high today meaning big money has already enter and are ready to take the price higher now.
If you are taking the trade, please keep strict SL.
Disclaimer: Author may enter in trade so take your own decision. This is an trading idea not an trading or Investment advice.
Adani ports crossed ATH levelsAs mentioned in previous chart once it crossed and sustained above strong resistance it made newer all time high levels. Visit previous chart below.
time to short Adani port Evening star at the top on daily time ftime to short Adani port Evening star at the top on daily time f
ADANIPORTS1. Weekly RSI closing above 55
2. Weekly RSI greater then Monthly RSI
STOP LOSS for this trade
1. If goes down by 8% from over buying level then we exit
2. If Weekly RSI close below 45 then also we exit from this trade.
Breakout buying opportunity in adaniports.
****Disclaimer****
Trade with risk management but don't get afraid of taking risks because the winner is who BETS as well as never gets out of CHIPS...!!
ADANIPORTS (W)Weekly close at ATH with strong volumes,
Broke out of trendline resistance,
Can show good upside momentum,
SL below 400 WCB.
Buy Adani Ports - Double cup with Head and Shoulder1. Respected 1st Cup and Handle
2. Formed Head and Shoulder inside 2nd Cup and Handle
3. Awaiting resistance line breakout with volume support. RSI is in good levels
4. Two possible outcome marked in blue arrow lines
4. Reported rise in net profit
5. Krishnapatnam Port purchase
6. Strictly for someone looking for long term investment. Could yield good results until Modi;s government doesn't topple
Adani ports beautiful ChartAdani ports if formed beautiful Chart, it has broken trendline and marching towards forming ATH.
ADANIPORT --->>> HIT WICKET OR SIXER NOW ? OBSERVATION :-
Whenever before the script got hit from Top Level -
ADX was in cluster, though rsi was above 65 level showing strong bullish trend
This time script is again near the same level
will it cross this time or again will get a HIT ???
RSI near 70 ( strong bullish trend )
ADX slowly crossng -DI, +DI above adx & - DI
NOTE = IF THE SCRIPT CROSSES HIGH THEN KEEPING STOP OF 378
GO LONG FOR 1:1 / 1:2 TARGET RANGE
disclaimer - join your study to enter trade
