ADANI PORTS view

ADANI;PORTS is in a very strong downtrend,all PATTERNS are Trending lower here. Once we get a daily close below 764, we should witnesse next leg down which should take it down till 671 on cash. In short term it can test 730 and 690, which would be near term PATTERN levels. Any meaning full upsides till 800 must be utilized to add shorts. Back in DECEMBER I posted a BEARISH outlook for entire ADANI group! Since then it has corrected, still do watch out.

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