ANALYSIS ON ADANIPORTS IT HAS SUPPORT OF TREND LINE AND RESISTANCE IS ABOVE HEAD AND FORMING ASCENDING TRIANGLE
ADANIPORTS trade ideas
Adani Port Result Preview#Adaniport may post good result as per chart but stock will move as per levels. Adaniport if able to hold 411-416 level we can see upside toward 430-440 level and if stock not break these resistance post result we can see downside toward 400-390 levels.
Educational Purpose: Will ADANIPORTS touch 360-365 zone?Price rejected from Resistance zone
Also break down from raising wedge
Sell Below: 385
SL: 395 DCB
Target: 360-365
ADANI PORTS ANALYSIS 29-04-2019Currently ,Adani ports is looking strong on daily,But its major trend is bearish on weekly chart.We can see the that the price is making higher high and higher low while the MACD is making lower high and low ,that is what is called as bearish divergence,we can say that the daily bullish monetum has been lost and price will not be continuing its bullishness with much strength and may correct ,also macd has given its bearish crossover also,plus adani ports has a very good tested resistance of 400 level.So based on current IV of adani ports ,we should think of selling calls of strike of 430 & above it.
Adani Ports - BreakoutAdaniPorts has seen a breakout on Intraday charts. However RSI is at overbought levels. Hence one could Buy the stock at 382-383, with a target of 411 and Stop loss at 374.
ADANIPORTS - SHORT IN SHORTTERM GIVES A RISK TO REWARD OF 1:10ENDING DIAGONAL IN THE C-WAVE OF ADANIPORTS. THE PRICE SHOULD TOUCH 300 WITHIN NEXT 2 WEEKS
ADANIPORTS - Buy IdeaPremise:
1. A Regular Bullish Divergence will be formed after a retrace up and a deep dive down
2. This move will happen within ten weeks
3. The former resistance at 252 will be strong support
Execution:
1. Buy at 252
2. Stop Loss at 170
3. Target 1 : 452
4. Target 2 : 571
Result:
1. A 2:1 to 3.83:1 RR trade is completed
adani port shortexpecting the price to retrace to the .5 retracement level and then fall down further.
Target 426, SL 385CCI34 Daily > 100
CCI8 Daily >100
Strength Candle Hourly consecutive bullish
Fibbo Support at 385,
Next Target 426
ADANIPORTS SWING TRADECAN BE A BUY AT CURRENT PRICE RANGE.
It may take support at 2 levels (marked as green)
SL will few points below support line where it holds
TGT will be recent high and next tat will be at upper resistance (marked as red)
ADANIPORTS Short term Positional Call Adani Ports Trading technical call for short term
CMP 433.5, Closed Based SL 415 Targets 445 450 456
For Education purpose only
