ADANIPORT - Think Before taking trade

ADANIPORT is taking retracement from 61% fib level but 100 and 200 ema are below the trade price. It can take support from there.

Probability - support from 200 exp moving average.

Short trade for risk traders -
buy at - 405
target - 417
stoploss - 400

risk to reward ratio = 1:2

Long Trade -
Buy - 417 -420
target- 452
sl - 390