Please refer earlier post on Adani Ports here.
Monthly/Weekly Trend: Range bound
Broader Range: 295 ~ 370
Weekly Supply Zone: 282.85 ~ 266.45
Adani Ports has been range bound since Jan. 2015. The broader range is 295 to 370. The weekly supply zone is in the range of 282.85 ~ 266.45. However, the price had not come in this range in several months.
It is imporant to watch today's closure which completes weekly and monthly timeframe.
FY16 Q2 result: 2nd November.
Disclosure: I am holding shares of Adani Ports. The chart above is created using http://in.investing.com/.
Disclaimer: The views presented on desiBULLZ are my personal views. The analysis is my study of technical analysis and for educational purpose only. The views and analysis are not trading tips and should not be used for trading. The financial gain/loss arising by using the views/analysis is the personal responsibility of stock trader/investor.