(Short Term Stock Futures)
November 22, 2016
ADANIPORTS (Till December Expiry)
ADANIPORTS has been correcting since
308 level but surprisingly we hardly witness any
meaningful short formation during this move. Fall in this stock was mainly due to long
unwinding pressure. This counter has a strong support zone near
252 levels. Today we
are seeing fresh long formation in this counter and we expect further additions of longs in
coming trading sessions. Hence, traders are suggested to go long in this stock for the target of
Profit Booked @ 2325
Research Team Tel: 022 - 39357800
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