Trade ideas
ADANI PORTS PRICE DECLINES...
I Just wanted to share my view with u all. As per my prediction, after a long time correction in Adani ports, price just breakdown. So expecting a great downfall ahead. Analysis shows price can go unto Rs.440 in long term view. This is the best time to enter in short with a first target of Rs. 645.
Adani port BearishAdani port is looking bearish on chart. Weekly and daily price is below 50 EMA. Anad also below 20 SMA. Price is also moving in channel. All EMAs neagtive.
Weekly MACD down and negative crossover
Daily stochastic negative crossover from overbought zone.
RSI is in downward momentum.
ADX is strong
Adani PortAdani Ports & Special Economic Zone is in the business of development, operations and maintenance of port infrastructure (port services and related infrastructure development) and has linked multi product Special Economic Zone (SEZ) and related infrastructure contiguous to Port at Mundra.
Stock for short-term...
small Stop-loss and big Target = Good Risk-Reward.
DISCLAIMER :
**I am not SEBI register..**
**This is not an investment or Trading advice. This is Just for discussion/paper trading purposes.**
Roy's picks for April 25, 2022My selection of stocks based on 44 rising SMA , weekly bottom fishing method, and all time high methods. My strategy is to hold for approx 10 days and take 5-10 return. These are experimental only and I have no guarantee that this is going to gain a profit. My own probability instinct is 50:50






















