ADANIPORTS (Possible Head & Shoulders Pattern & RSI Divergence)
Early Indication of Selling in ADANIPORTS with RSI Divergence & a Possible H&S Pattern.
Confirmation of Short Trade, once Neckline is Broken & RSI falls below 50.
However a better Short Trade would be at a daily close below 689.50
Failure Point & Stop Loss: 790
Measured Target as per H&S Pattern will be around 500 - 515 levels
Confirmation of Short Trade, once Neckline is Broken & RSI falls below 50.
However a better Short Trade would be at a daily close below 689.50
Failure Point & Stop Loss: 790
Measured Target as per H&S Pattern will be around 500 - 515 levels
Zlecenie aktywne:
Neckline Break Confirmation on 16th June & Daily Close below 689.50 on 17th June.
Trade activated
Stop Loss now for a Daily Close above 689.50
Trade activated
Stop Loss now for a Daily Close above 689.50