Wednesday, March 25, 2015

Adani Ports By Mamta

In the chart as shown, Adani Ports has completed a five wave correction which is the internal structure of a higher degree C-wave. Hence, I expect wave 5 on the higher degree charts to unfold. Best strategy would be to buy above 315 which is the connecting trendline of the previous tops and one should maintain a strict stoploss below 298, expecting targets of aroud 360.