Adaniports Simple Price Action Analysis

ADANIPORTS Bad News vs. a Trap Level.
This stock is continuously making HH and HL in the chart and currently hovering inside a Trap Zone.

The expectation is it will go up to 892.85/-, which will make this Trade a Reward to Risk of 2.5:1 and approx 10.56% Return on Investment from the Current Market price (807.55).

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Trade geschlossen: Stop wurde erreicht:

Missed target by just 2 Rs.