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?
