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ADANIPORT Elliott Wave technical analysis [Video]

SEZ Elliott Wave technical analysis

Function: Bullish Trend.

Mode: Impulsive.

Structure: Gray Wave 3.

Position: Orange Wave 1.

Direction next lower degrees: Gray Wave 4.

Details: Gray Wave 2 appears completed. Gray Wave 3 of 1 is now unfolding.

Invalidation level: 1040.

The daily chart of Adani Ports & SEZ reveals a strong bullish trend, with impulsive movement taking place within a broader uptrend. The current wave count identifies Gray Wave 3 forming inside Orange Wave 1, confirming the end of Gray Wave 2’s corrective phase and initiating the most dynamic part of an Elliott Wave sequence.

This transition into Gray Wave 3 indicates significant buying momentum. Positioned within Orange Wave 1, this phase typically signals extended upward potential. The invalidation level is placed at 1040 — a critical price point where a breach would nullify the current wave structure and possibly lead to a more complex correction.

This technical framework offers traders and investors meaningful insights into the stock’s current trend. With further upside likely, the next key development will be Gray Wave 4 — a corrective pullback expected after the current impulsive rise. Traders should monitor continuation signals closely and manage risk appropriately as the bullish trend progresses.

SEZ Elliott Wave technical analysis

Function: Bullish Trend.

Mode: Impulsive.

Structure: Orange Wave 1.

Position: Navy Blue Wave 3.

Direction next lower degrees: Orange Wave 2.

Details: Navy Blue Wave 2 appears completed. Orange Wave 1 of 3 is now in play.

Invalidation level: 1040.

The weekly chart paints a bullish long-term picture for Adani Ports & SEZ. The stock is now developing Orange Wave 1 within a broader structure defined as Navy Blue Wave 3. The completion of Navy Blue Wave 2 marks the transition into a fresh impulsive wave, suggesting strong potential for sustained growth.

The impulsive nature of Orange Wave 1 reflects robust institutional interest. As this wave unfolds, it marks the initial leg of Navy Blue Wave 3 — often the most powerful part of a bullish trend. The invalidation level at 1040 remains a key reference; any break below it could challenge the current wave interpretation.

Investors should see this phase as the beginning of an extended uptrend, with Orange Wave 2 — a corrective move — expected to follow. The analysis underscores the strength and potential longevity of this bullish setup, especially for those positioned in India’s infrastructure sector.

Technical analyst: Malik Awais.

SEZ Elliott Wave technical analysis [Video]

Author

Peter Mathers

Peter Mathers

TradingLounge

Peter Mathers started actively trading in 1982. He began his career at Hoei and Shoin, a Japanese futures trading company.

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