ADANIPORTS - Cup and Handle Pattern
Updated
Looks like ADANIPORTS creating a cup and handle pattern. One can expect it to bound back from 305-311 levels. RSI is relatively low at approx 32 level indicating a prospective buy stock.
Trade closed manually
Trade active
Note
Reaching 360 levels. Watch out guys. Trail your SLs after 360 or book full if you see rejection.Trade closed: target reached
Reached 366 today. Book full at 360+ level. Major resistance at 366.15. Fresh long can be initiated once it convincingly closes above 360. We have a target of 360, so book accordingly. 300 entry - 360 exit. 20% in 1 month. Techs rock.
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