🔥 Breakout Watch: ADANIPORTS ! technical pick for swing
🔥 Breakout Watch: ADANIPORTS
ADANIPORTS
Friday close: ₹1,824
Friday gain: +4.93%
Day high: ₹1,824 — stock closed at the day's high.
Volume: 1.61× its 20-day average in a near-breakout screen.
It is sitting at its 20-session high, making ₹1,824 an important breakout reference.
Adani Ports was also among Friday's leading Nifty gainers.
Monday trading setup
Buy above: ₹1,825–1,830 after sustained price/volume confirmation
Targets: ₹1,860 / ₹1,900
Stop-loss: ₹1,795
Avoid chasing: If it opens with a large gap-up, wait for consolidation/retest.
Key confirmation: Breakout should ideally come with strong volume. The broader Nifty recovery is still below the important 23,615 resistance zone, so stock-specific confirmation remains important