Symmetrical Triangle Sell off in Adani Port


Symmetrical Triangle Pattern. It might take the support of lower Bollinger band (366 approx), as the price is showing weakness and sell off of the Symmetrical triangle pattern is below 371.50 with a target of 366.25 for intraday. Thus, as the stock price of Adani Port comes down to 366 it will take support and move upwards. So for intraday traders, it’s a good place to sell at 371.50 and book profits at 366.25 with a stop loss of 374.50." data-username="AMPLIFYKOLKATA" data-message="asksdfds">
Adani Port daily chart has formed a Symmetrical Triangle Pattern. It might take the support of lower Bollinger band (366 approx), as the price is showing weakness and sell off of the Symmetrical triangle pattern is below 371.50 with a target of 366.25 for intraday. Thus, as the stock price of Adani Port comes down to 366 it will take support and move upwards. So for intraday traders, it’s a good place to sell at 371.50 and book profits at 366.25 with a stop loss of 374.50.
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