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Why shorting Adani Ports futures could work this week - The Hindu BusinessLine


Why shorting Adani Ports futures could work this week
Alternatively, traders could consider bear-put spread strategy
The stock of Adani Ports and Special Economic Zone (APSEZ) is ruling at crucial levels. While the long-term outlook will remain positive as long as the stock rules above ₹563, in the short-term it may see volatility with a downward bias. Adani Ports has an immediate support at ₹685 and the next one is at ₹638. On the other hand, the stock finds strong resistance at ₹809 and a conclusive break above this level will reconfirm the bullish outlook. In that case, APSEZ has the potential to reach ₹1,000. ....

Adani Ports , Special Economic Zone , Adani Ports Sez , Adani Ports Sez Futures , F Amp O , F Ampo Strategy , Futures Trade , Apsez Stock , அதானி போர்ட்ஸ் , சிறப்பு பொருளாதார ஸோந் , அதானி போர்ட்ஸ் ஸெஸ் , எஃப் ஆம்ப் ஓ , எஃப் ஆம்போ மூலோபாயம் ,