AdaniPorts - target Rs. 455 Can it happen by November 2020?

5 nov 2020

AdaniPorts has shown profits and volume is good. We are seeing Wave 5 in the weekly chart, Wave 4 correction is almost over, a good time to enter for a 15% profit by Mid November 2020. Earning report is good too.

US election results are also good for the market as we have seen a good rally. Ichimoku cloud is also signally to buy. Overall, I am ok to put in my money for a few quick profit booking.

What are we looking at?

• Adaniports target for November 2020 - Rs. 455 - Elliott wave / Ichimoku Cloud
  

Note, Wave 4 correction is almost over, if the volume is high, correction can happen fast? - if yes, can we get 15-20% profit by end of this month?

16 nov 2020

Nota

The volume looks good. New breakout is on the cards.

1 dic 2020

Trade attivo

We are about to hit the target. Once it touched that then we will work on new trendlines and waves. Follow me for more details on AdaniPorts.

12 dic 2020

Trade chiuso: obiettivo raggiunto

We had kept a target of Rs. 455 and it has reached. Last trade was Rs. 466 and therefore you can book profits and exit from this.