NSE:ADANIPORTS   ADANI PORT SPECIAL

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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