- Hey Folks, I was checking the charts and there is a possibility that adani ports may form inverse head & shoulders.
- To buy or to go long in this stock we need three confirmation first the right shoulder second the candle should broke the trend line and once trend line is broken we need one more confirmation candle to enter the trade.
- If it won't form the the inverse H&S still there is weekly support around 987-990.
- now if we talk about target it will 5%-7% becoz as the market is like a falling knife or bears in control so its not a good time to be greedy unless you are long term investor.
-Stopless will be 3%-5% if it breaks 987-988.
*** This are my personal views or analysis and not a recommendation***
- To buy or to go long in this stock we need three confirmation first the right shoulder second the candle should broke the trend line and once trend line is broken we need one more confirmation candle to enter the trade.
- If it won't form the the inverse H&S still there is weekly support around 987-990.
- now if we talk about target it will 5%-7% becoz as the market is like a falling knife or bears in control so its not a good time to be greedy unless you are long term investor.
-Stopless will be 3%-5% if it breaks 987-988.
*** This are my personal views or analysis and not a recommendation***
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.