As per my analysis, if NSE:ADANIPORTS 45min candle closed above level of 655, we can take buy entry with stop loss of 623. My expected upside target would be 671 & 698.00 Note: This is my personal analysis to learn stock market behavior. Thanks.
As per my analysis, here are major support & resistance of NSE:ADANIPORTS for upcoming week. Note: This is my personal analysis, only for learning. Thanks.
Long above 926.50 , T1 - 959.45, T2 - 993, T3 - 1027.30, T4 - 1056.05, T5 - 1085.20..... SL - 895. Short Below 891, T1 -868, T2 - 837, T3 - 828,T4 - 800, T5 - 775........ SL - 920
On daily time frame the stock has formed a descending triangle pattern. Its trading near its crucial 20 and 200 Ema If it gives a breakout and sustains the price above 718. It can go upto first traget on 745. Support :- 685 Resistance :- 720, 745, 773 Wait for the price action to form a pattern near the levels.
Infrastructure boost will be the expected theme in the budget and already made triple bottom. We can surely look forward to the above mentioned targets as currently it is holding above the 20, 50 dma
Adani Ports & SEZ Ltd - 17.12.2021 The stock is trading @ 724 levels The stock has retested this price levels RSI is oversold The prices are below EMA watch out for the price action