ADANIPORTS trade ideas
Adaniport - Elliott wave analysis - go long in pull back Adaniport is in sideway 4th subwave correction and expected to correct down in one more leg before it start the final move up for target above 480 or higher level.
I think Expansion says, It's time to collapse. [ADANI-PORTS]AdaniPorts creates higher high's in a row but Don't forget to 200/20 moving averages Stretching. Some Profit Booking has been seen by Big-Bulls. Stock Attempts 3 times to break 475.00 level. But in absence of fresh buyers, it is unable to break this Level, So the Idea is to find rejection from 471.60- 475.00 type zone, Go short and Trail it for 458.5 on Intraday basis & 416.00 for positional (swing) basis.
It's Purely Prediction. I have reserve a Rights, to be wrong.
ADANI port crossing fallign wedge and at demand zone time to lonADANI port crossing fallign wedge and at demand zone time to lon
ADANIPORT - Into the strong selling zoneAdani Port has given strong upside move today(1st Dec;20).
But now its into selling zone, so I would be watching this script carefully on 2nd December to short sell on first confirmation
Target hittedPrevious month ill saw a more triangle patterns, break down strategy, channel patterns etc....
PATTERN SPEAKS ITSELF.ASCENDING TRI ANGLE BREAKOUT.BUY AROUND 365.STOP LOSS EXIT IF CLOSES BELOW 340.TARGET 425.I AM INTO THIS TRADE.PLS GIVE ME YOUR VALUABLE COMMENTS ON THIS IDEA.HAPPY TRADING FRIENDS.
AdaniPorts (A continuation Candidate ?)After a long time Adani Ports again tested its trendline but couldn't close above it yet again. However there are 2 things that we need to see. This time its coming off a contraction as marked by the Blue curve lines, the contractions kept getting smaller and it broke up following a series of high volumes which indicates strength. The stock might just be poised to break through and continue upwards. However anything is possible and it might just reverse consolidate below the line and then breakoff or just reverse. While we could never predict we can react. So Be Vigilant a good trade might be building up here.
Things seem to have cooled down. And there is more possibility of positive news coming with UK almost set to approve the Vaccine. We will have to see how these developments pan out and how do markets across the globe react.
Long - Adaniports with Inverted Head and ShoulderHi Investors,
Adani group is one of the most favorite group of many people. And when one of the Adani stocks gives an opportunity, how can I miss posting it here.
AdaniPort is giving a nice opportunity with One Big Inverted Head and Shoulder and one tiny Inverted Head and Shoulder.
Trade Rule
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Strong buy above 440.
Risky Buyers can take at the current level
Strict STOP LOSS beow 380-375. NSE:ADANIPORTS
I hope you will benefit from this knowledge.
-MetaVish
Adani ports retracing up side from supportAdani ports retracing up side from support & dynamic H&S pattern breakout was there
ADANIPORTS ADANIPORTS COMPLETED ITS MAJOR WAVE 1 STARTED FROM 2012 AND WAVE 2 CAME IN FORM OF EXPANDED/IRREGULAR FLAT . WAVE 3 WAS ALSO CONFIRMED BY BULLISH GARTLEY OBSERVED AT THE BEGINNING. ADANI PORTS HAS A POTENTIAL TO REACH UP TO 555-632 IN MONTHS TO COME
Adani Ports - Intraday Trade SetupAdani Ports CMP - 381.90
Looking bearish in higher time frame. One can go for Intraday Trade setup with the following entry, exit & targets
Sell at or Below ONLY 380 / Stop Loss 386
Target 1 - 376
Target 2 - 371
Target 3 – 368
Disclaimer: This is my view and for educational purpose only.
Bearish Formation in Adaniports.Don't u think It's going to breakdown? Focus on 15 min breakout. Either it's gonna upside or Downside. Follow the trend.
AdaniPorts - target Rs. 455 Can it happen by November 2020?AdaniPorts has shown profits and volume is good. We are seeing Wave 5 in the weekly chart, Wave 4 correction is almost over, a good time to enter for a 15% profit by Mid November 2020. Earning report is good too.
US election results are also good for the market as we have seen a good rally. Ichimoku cloud is also signally to buy. Overall, I am ok to put in my money for a few quick profit booking.
What are we looking at?
Adaniports target for November 2020 - Rs. 455 - Elliott wave / Ichimoku Cloud
Note, Wave 4 correction is almost over, if the volume is high, correction can happen fast? - if yes, can we get 15-20% profit by end of this month?
ADANIPORTS BUY AND SELL VIEWRisky buy above 370
Safe buy above 376
SL below 364
Target 375/380
sell below 364
SL above 376
Target 360/355
