1. There's a clear bearish wedge that's formed in the past 3 months bear market rally. 2. The 10000-10500 zone is strong resistance 3. 61% fibonacci retracement is also going to provide resistance as bear market rallies shouldn't really violate this level 4. FIIs (foreign institutional investors) have been continuously selling into strength which does make for a...
Adani Port & Special Economic Zone Ltd (Adaniport - NSE) is moving up in 5th internal wave of subwave 3rd of 3rd wave as indicated in chart. As mentioned in previous updates it is going up in impulse and unless it retains above invalidation level, it is good buying candidate. In weekly time frame it is in 5th wave up.
daily close of 27 may is above trend line. sorry unable to update here for some reason. Selling Volume also looks really big so will take 50% profit at 5% and with stop at entry and hold for another run
Long from 70-71 invalid below 67 target 75-80-85-90