ADANIPORTS 1 Hour View

📊 1-Hour Timeframe Technical Overview

Current Price: ₹1,392.00

Day’s Range: ₹1,390.30 – ₹1,416.70

Volume: ~1.9 million shares

Price Change: -1.08%

Technical Strength Index: Mild Bearish

📈 Key Indicators

Supertrend: 1460.9 (Mild Bearish)

Parabolic SAR: 1458.77 (Mild Bearish)

RSI (Relative Strength Index): Data not specified

MACD: Data not specified

ADX (Average Directional Index): Data not specified

Stochastic Oscillator: Data not specified

Rate of Change (ROC): Data not specified

Chaikin Money Flow (CMF): -0.05 (Bearish)

Williams %R: Data not specified

Pivot Levels: Data not specified

📌 Intraday Price Targets

Support Level: ₹1,377.95

Resistance Level: ₹1,404.35

🔍 Summary

Adani Ports is currently exhibiting a mild bearish trend on the 1-hour chart, with key indicators such as the Supertrend and Parabolic SAR suggesting downward momentum. The Chaikin Money Flow (CMF) is also negative, indicating potential selling pressure.

Intraday traders should monitor the support level at ₹1,377.95 and the resistance at ₹1,404.35. A break below support could signal further downside, while a move above resistance may indicate a reversal or continuation of the uptrend.

Please note that technical analysis is subject to market conditions and should be used in conjunction with other forms of analysis and risk management strategies.