ADANIPORTS trade ideas
ADANIPORTSNSE:ADANIPORTS
The key levels seems to be 310, and the support has turned into resistance so if sustains below 310 then 305 and 300 and on upside 315 and 320.
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Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
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Adaniport - Good Morning, Tea is ReadyAdaniport made a lovely cup and handle (Falling wedge) with RSI below 30 in daily chart... Getting resistance at 50% of Fib so it might test 61.8% i.e 301.50 and take support ,Hope it will give a super RR ...
#Can be average till 301.50
ADANIPORTS - Cup and Handle PatternLooks like ADANIPORTS creating a cup and handle pattern. One can expect it to bound back from 305-311 levels. RSI is relatively low at approx 32 level indicating a prospective buy stock.
AdaniPort Long PRZ level Marketdtrade only when u get confirmation of reversal ... long level marked
BEARISH VIEW ON ADANIPORTS
ADANIPORT has taken resistance on WEEKLY TF , what i see is weak buying on DAILY near the daily Resistance ,
with sellers are getting aggressive , what i want to see is small pull back to trap few buyers , and hit sellers sl ,
I expect stock to give good RRR income in coming weeks
ENTRY 347 areas
STOP LOSS 370 area DAILY CLOSING BASES ONLY
TGT 296 TOUCH AND EXIT
Adaniport - Retraced now ready to boomAdaniport retraced exactly at reversal point. Will see higher highs in it ... Targets on chart...
ADANI PORTS - SHORT (Positional)Reason for short: BEFL, SMIP @ Daily frame and Weekly frame as well.
long Adani port Long Adani port if it goes up can hit all three target and it has support as shown on chart so sl below that level
Adaniport In sell for Intraday Strategy simple support & resistant Strategy, 80% accuracy, if it breakout then u have best opportunity to sell more
WILL HAVE TO WAIT PATIENTLY -SYMMETRICAL TRIANGLE WAIT TILL BREAKOUT AND TAKE TRADE.SYMMETRICAL TRIANGLE
