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Cfa_Arvind
Apr 15, 2021 5:04 AM

Adani Port - Projected Cup with Handle Pattern Long

ADANI PORT SPECIALNSE

Description

Adani Port - If we forecast the current structure then it will formed Cup with Handle Pattern.

Positional Buy after completion chart pattern
Buy Above 751
Stop Loss 727
Target 1 800 (Book Partial between 795-800) 800 is a psychological number
Target 2 807 (Target as per measurement rule and also note that 807 will act as resistance)
Comments
Cfa_Arvind
75% qty me profit book ho chuka hai 794... 25% qty hold for ride the trend
Cfa_Arvind
Adani Port 3% up 775
JagdishKumarPahuja
It is real prediction that it is done little initial stage . Otherwise some predict post event when cup breakout is done . By that time price movement is already happened .
Ok , also guide what have you seen or first sign which prompted to say so .
Cfa_Arvind
@JagdishKumarPahuja, Chart Structure and the movement of stock. We simply forecast how price can go upside. Definitely at the initial stage it is difficult to forecast but we loose nothing if our projection was not correlated with our assumptions. If our prediction and rules match we trade and enjoy the bottom fishing.
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