ADANIPORTS trade ideas
[Basket] Adani Ports Support Bet
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
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ADANI PORTSAs of now nothing seems to be going in the favor of this script, it below its 20SMA, hitting lower end of BB and what not
If it hits 680 and sustains below it, the next levels to expect are 666 & 650 in making on downside.
Note - Very illiquid script, trail losses and manage the position size
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Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
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Most favourite Stock of traders. (Adani port 1D time frame)Already reverse from double top, and same pattern we can see on left side, if it goes down so we can see good correction in this best time to add qty if we are considering position trade, if it take support from here then we will wait for double top to break then we can take fresh buy
Adani Ports Strong Breakout Pattern- Rounding bottom breakout formation in ADANIPORTS
- Expanding Volumes and Price structure
- Entry can be at 878 levels after the retest happens
- 1st Target can be of 1040 which is the depth of the bottom
- Bullish momentum expected after retest
- Some retracement may happen
* Educational purposes only