Adani Ports touching channel support ready for upward direction.

Adani Ports after trading 3 month in consolidation took breakout alongwith false break of the existing trend and again moving in the same direction, now Adani Ports is touching its long term channel support 288.00, its a very good long entry point to enter this stock, if breakout doesn't occurs, we may see further upward movement in this stock to its next short term resistance 316.50, traders may go long in this stock if market open green on Monday, be cautious during US presidential election, there may be huge volatility in the market and analysis may go wrong.