ADANI PORTS & SEZ – Elliott Wave Analysis | Trading Lounge Day Chart
ADANIPORT 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 to have completed, and Gray Wave 3 of 1 is currently unfolding.
Invalidation Level: 1040
The daily Elliott Wave chart for Adani Ports & SEZ shows an active bullish trend supported by impulsive wave development. This analysis marks the initiation of Gray Wave 3 within Orange Wave 1, suggesting that the corrective stage of Gray Wave 2 has likely ended and the trend is gaining strength.
Gray Wave 3 usually introduces a strong upside move, supported by increased market participation. Being part of Orange Wave 1, this wave phase indicates extended upward potential. A break below 1040 would invalidate this wave count and could indicate a deeper correction or trend reassessment.
This technical structure provides traders with clear direction in the current market phase. A minor correction — Gray Wave 4 — is anticipated after the ongoing rally, so active monitoring of trend continuation signals is advised. Traders should adjust their risk strategy as this bullish phase evolves.
ADANI PORTS & SEZ – Elliott Wave Analysis | Trading Lounge Weekly Chart
ADANIPORT 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 complete, and Orange Wave 1 of 3 is unfolding.
Invalidation Level: 1040
The weekly chart for Adani Ports & SEZ supports a strong long-term bullish outlook. Current wave formation indicates Orange Wave 1 is progressing within the larger Navy Blue Wave 3, with Navy Blue Wave 2 likely completed.
Orange Wave 1 often reflects rising demand and early-stage price strength within an extended bullish trend. As part of Navy Blue Wave 3 — a commonly powerful move in the Elliott sequence — this wave structure hints at continued growth potential. A drop below 1040 would invalidate the present wave count and suggest a potential trend reevaluation.
This analysis positions Adani Ports & SEZ for a sustained uptrend, with Orange Wave 2 projected as the next corrective step. Investors focused on India’s infrastructure sector may find the current structure favorable for strategic entries or continuation setups.
Technical Analyst: Malik Awais
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