ADANIPORTS trade ideas
Adani Ports - Watchlist11-10-2020
Close Above 367 is important for Stock - Break Out, T1 390, T2-420
Adani port triple top pattern BO above 370 may leads to good up move
support zone at 342 to 300( which is also fibbo retracement level of 61.8% 78.6%)
currently in no trending zone
ADANIPORTS, TL BREAKOUT AFTER 10 DAYS & FIBO AFTER 9 MONTHSADANIPORTS have given breakout from 375 zone after many attempts and consolidating for 10 days.
Same level is also FIBO 23.6% which acted as major resistance since Feb'20.
Today's closing along with good volume is indicating positive momentum in coming days.
Long above 385.5 and it can goo till 394
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Thanks
Piyush Gupta
Adani Rectangle BreakoutAdani Ports rectangle breakout above 380 for target of 425 by keeping stop loss of 340
ADANIPORTSADANIPORTS:- Ascending Triangle Pattern buy above 370 for target 395,420 with STOPLOSS 333 DCB
#Disclaimer:-I just shared view for only educational purpose.
Adani portsNote:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
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Happy Trading!!
