ADANIPORTS, TL BREAKOUT AFTER 10 DAYS & FIBO AFTER 9 MONTHS
ADANIPORTS have given breakout from 375 zone after many attempts and consolidating for 10 days.
Same level is also FIBO 23.6% which acted as major resistance since Feb'20.
Today's closing along with good volume is indicating positive momentum in coming days.
Long above 385.5 and it can goo till 394
Watch my other charts to understand simple price action used for all of the analysis. Keep your charts simple and free from lagging indicators. Reach out if you wish to learn powerful technical analysis based on simple price action.
Thanks
Piyush Gupta
Same level is also FIBO 23.6% which acted as major resistance since Feb'20.
Today's closing along with good volume is indicating positive momentum in coming days.
Long above 385.5 and it can goo till 394
Watch my other charts to understand simple price action used for all of the analysis. Keep your charts simple and free from lagging indicators. Reach out if you wish to learn powerful technical analysis based on simple price action.
Thanks
Piyush Gupta
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Only way to succeed in stock market is by learning Price Action.
WhatsApp : 9717077198
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