Double bottom pattern seen near demand zone. Neckline of W- pattern broken and closed above neckline. RSI turning from oversold to neutral, good opportunity and good Risk rewards at current price.
NSE:ADANIPORTS Bad News vs. a Trap Level.
This stock is continuously making HH and HL in the chart and currently hovering inside a Trap Zone.
The expectation is it will go up to 892.85/-, which will make this Trade a Reward to Risk of 2.5:1 and approx 10.56% Return on Investment from the Current Market price (807.55).
Disclaimer: Stock trading is...
These are swing ideas which you can add your watchlist and analysis for yourself !
Keep on your radar!
This content only education purpose!
I am not sebi ragister!
Hi, I would like to share this idea with you all on the basis of the price action analysis.
Pleasure to have you here. This is an trading/investment analysis done for the Tickr, and potential in the Technicals.
if you like the idea please like the post :) It will be a motivation to further such ideas.
Disclaimer Note:-
1) This is just an analysis setup and no...
Trendline breakout stock & wait for retest than entry created!
Stock trading 50 Ema bottom
These are swing idea's which you can add your watchlist and analysis for yourself.
Keep on radar.
Potential dawnside stock!
Stock break neckline
Fresh downside start
Also Price break DEMA support
Charts favour for SHORTS
Globally sentiments weak
Disclaimer This is my personal view for education purpose only
No Buy sell recommendations.
NSE:ADANIPORTS
showing positive momentum in DAILY as well as in WEEKLY TIMEFRAME.
it could be a good time to start investing in it.
But there must be a STOPLOSS.
invest at your own risk, this is only for educational purpose.
Adani Ports & Special Economic Zone is in the business of development, operations and maintenance of port infrastructure (port services and related infrastructure development) and has linked multi product Special Economic Zone (SEZ) and related infrastructure contiguous to Port at Mundra.
Company has been maintaining a healthy dividend payout of 20.8%
Promoter...
ADANI PORTS has made a diagonal structure after the drop. As wave 1 completes, there would be 38.2-50% correction on the stock which are important fibonacci levels. These levels also coincide with a strong resistance area where a bullish reversal can be found (wave 3).
This idea is based on the Elliott Wave Theory. Trade/Invest with your own risk management.
NSE:ADANIPORTS has taken resistance in 4h supply zone.
Plotting a short in 15 min and 4h timeframe each for a 4R as market could get to the downside and grab the liquidities before moving higher
do share your feedback
ADANIPORTS 30MIN CHART
Breakout @ 763.50 Target 813 Support 740
ADANIPORTS on 30mins chart has witnessed a falling trend line breakout @ 763.50 levels.
Target projected for the pattern is placed @ 813 levels.
Its only an observation & not any suggestion.
adani port is on the verge of rising triangle breakout
If breakout happens it will be a long wave of 25 percent
buy @ 790
SL - 750
target - 880 990
With an amazing Risk Reward ratio of 1:5
And we got the bullish breakout in #ADANIPORTS that i was waiting for.
Entry can be initiated at current market levels with strict stop loss below 740.
Keep booking partial profits at
1. 820
2. 910
3. 975
![ADANIPORTS: ADANIPORTS, 60 MIN [Positional Sell]](https://s3.tradingview.com/p/pIlWOQmr_mid.png "ADANIPORTS, 60 MIN [Positional Sell]")
