ADANIPORTS
Technical analysis of #ADANIPORTS for short term investmentHere is my technical analysis of #ADANIPORTS
▶️long term investments (using monthly charts)
▶️short term investments (using weekly charts)
Indicators :
▶️200 DMA
▶️Bollinger Bands
▶️Average True Range
For educational purposes only.
#stockstowatch #NSE #investing
AdaniportsAdaniports has taken support from weekly bands, and after forming a triangle on bottom of wave 4, it has given breakout on upside with good intensity of volume, now price is above upper band in daily time frame, along with rsi above 60 and uptick, and dmi adx positive ungali setup, this could be a good decision to go long at these levels or in dips (if any) with stoploss of 664 for targets mentioned on chart.
Key Levels are Mentioned on chart
Has taken support from weekly bands
Wave Structure could be like this
Macd in Weekly Uptick and also above zero line
Macd in daily positive crossover and Uptick and also above zero line
Rsi in daily above 60 uptick
Bullish ungali setup in daily
Upper bollinger challenged along with trendline breakout with volume
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Consult with your Financial advisor before trading or investing
adani ports big bullish now adani at under pressure buy sellers
fundamental its good and strong has many project and improvement while now lock down is get released
so have position now as month position
take if you want at
T1:- 800
T2:-850
T3:-900
after these they will some consolidation so follow the market trend too
ADANIPORTS LONG INTRADAY 28 JUN,2021Dear trader,
If u look at the chart of ADANIPORTS (analysis based intraday only) the ADANIPORTS Buy at 729 and Target at 739
Best Buy at 725
Our Best Buy is based on high quality research and when the instrument reaches this level , it’s a jackpot trade.
Best Buy level might be executed or might not be executed.
The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis.
In Intraday most important thing is to enter and exit points.
Our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies.
Kindly message us for strategies and analysis
ADANIPORTS LONG INTRADAY 21 JUN,2021Dear trader,
If u look at the chart of ADANIPORTS (analysis based intraday only) the ADANIPORTS Buy at 685 and Target at 710
Best Buy at 680.
Our Best Buy is based on high quality research and when the instrument reaches this level , it’s a jackpot trade.
Best Buy level might be executed or might not be executed.
The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis.
In Intraday most important thing is to enter and exit points.
Our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies.
Kindly message us for strategies and analysis
Adani Ports Strong Breakout Pattern- Rounding bottom breakout formation in ADANIPORTS
- Expanding Volumes and Price structure
- Entry can be at 878 levels after the retest happens
- 1st Target can be of 1040 which is the depth of the bottom
- Bullish momentum expected after retest
- Some retracement may happen
* Educational purposes only