Hello mates here I sharing the daily chart of Adani Enterprises with some support and resistance ideas I tried to identified some key demand and supply zones on daily chart of it and getting some Ideas sharing below
IDEA 1-: We can se a instant bounce back or temporary retracement form here where it is standing because it looks very well placed on you can say a kind of identical support area but need sharp eye and quick decision maybe you can caught this move by on the different time frame chart for early entry.
IDEA 2-: Fresh long we can think on above close of 2425 zones for the target of 3000.
IDEA 3-: This is for those who want to add on each dip and do not want to do trading in it and strongly believe that it is having good fundamentals and will give strong comeback for them.
This is not and trade or investment advice. This idea is meant for learning only. Invest your capital at your own risk.
IDEA 1 AND IDEA 2-:
SAME I AM GETTING FROM MONTHLY CHART-:
IDEA 1-: We can se a instant bounce back or temporary retracement form here where it is standing because it looks very well placed on you can say a kind of identical support area but need sharp eye and quick decision maybe you can caught this move by on the different time frame chart for early entry.
IDEA 2-: Fresh long we can think on above close of 2425 zones for the target of 3000.
IDEA 3-: This is for those who want to add on each dip and do not want to do trading in it and strongly believe that it is having good fundamentals and will give strong comeback for them.
This is not and trade or investment advice. This idea is meant for learning only. Invest your capital at your own risk.
IDEA 1 AND IDEA 2-:
SAME I AM GETTING FROM MONTHLY CHART-:
Comment:
ENTRED INTO NEXT SUPPORT (DEMAND ZONE) AS TOLD TURNED MORE WEAK BELOW 1922 SO REACHED 1602 NOW