ADANIPORTS 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
Watch my other charts to understand simple price action used for...
ADANIPORTS:- Ascending Triangle Pattern buy above 370 for target 395,420 with STOPLOSS 333 DCB
#Disclaimer:-I just shared view for only educational purpose.
Note:
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...
3 Rounding Bottoms on Daily chart but stock is not being able to run.
Short Adaniport at cmp ,
SL 380
Target : Open
Bullish above only 380.
For targets 421 non stop
Risk is yours and Reward is too yours totally
ADANI PORTS - BREAKOUT BUY - CLOSING BASIS
BUY ABOVE 365 SL 350
TARGET: 370, 374, 378, 384, 389
Posting for Educational purpose only
Closing Basis means stock need to trade above 365 between 3:20 ~ 3.30 PM
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Looks architectural structure in day chart.
But, switch to 30min chart to get technicals of the chart which is shared in the link.
Disclaimer: Analysis for education purpose only. Seek financial advisor before making any decision.
