ADANIPORTS The 15 min. chart of ADANIPORTS shows bearish view as it form three black crows at the resistance level of 366.90 It has also formed a bearish divergence with RSI. In 5 min. chart is has slipped below the 50 days Moving Average. It is about to form a bearish MA cross in the upcoming Trading Session.
It can possibly touch its support at 346 in upcoming days. Target 1- 354(Inverse Golden Level 0.618 of initial support-resistance swing) Stop Loss- 369
I can be 100% wrong. Do your own analysis before trade. Happy Trading!
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