Two equivalent bottoms were observed in ADANIPORTS with duration of 30 days between each curve. There was good volume. Long position can be created at Rs 289 , with stop loss of Rs 254 and with a target price of Rs 324.
ADANIPORTS- DOUBLE BOTTOM
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Stock Analysis
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Bullish View
Bearish View
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everything is fine, but volume could have been even higher to get conviction
Thank you sir for feedback I will make a note.