AdaniPorts - target Rs. 455 Can it happen by November 2020?
Updated
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?
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?
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?
Note
The volume looks good. New breakout is on the cards.Trade active
We are about to hit the target. Once it touched that then we will work on new trendlines and waves. Follow me for more details on AdaniPorts.Trade closed: target reached
We had kept a target of Rs. 455 and it has reached. Last trade was Rs. 466 and therefore you can book profits and exit from this.
Falcon Trader
Trading Courses charts-stocks.com
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Twitter: @Falcon_Trader_1
Trading Courses charts-stocks.com
_________________________________
Ask for any script Falcon Wave count by DM
Twitter: @Falcon_Trader_1
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