ADANI PORT & SEZ LTD
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ADANIPORTS - SHORT

289
Explanation:



*1. Stock is in uptrend ( bcz price is above the trend line ).


*2. Stock forms the H and S Pattern above the trend line - which is the sign for the reversal.


*3. if the stock failed to make next HH before the break of the trend line- which is the sign for the reversal.



*Recommendation - SHORT:


*Take the position (short) only after the breakdown of the Neckline..

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