ADANI PORTS PRICE ACTION ANALYSIS.
Adani ports' price has corrected a long way and now it is near the breakout zone. If the price sustains above the 762 level then it can go near the supply zone.
There are 2 scenarios here,
1. Go long if the price breaks out at the 762 level.
2. Go long near the demand zone, if the price gets rejected from the 762 level.
This demand zone must give good support to the price. So, place your stop loss below this.
All the levels and zones are mentioned on the chart.
Happy trading :)
This is just for educational purposes.
There are 2 scenarios here,
1. Go long if the price breaks out at the 762 level.
2. Go long near the demand zone, if the price gets rejected from the 762 level.
This demand zone must give good support to the price. So, place your stop loss below this.
All the levels and zones are mentioned on the chart.
Happy trading :)
This is just for educational purposes.
Trade ativo
almost reached booking zone, keeping trailing until it closes below 760
Aviso legal
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.