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PriceActionSpotter

ADANI ENTERPRISE PRICE ACTION ANALYSIS

Long
ADANI ENTERPRISES (NSE:ADANIENT)  
PriceActionSpotter  
NSE:ADANIENT   ADANI ENTERPRISES
Chart Patterns Rectangle Wedge ADANIENT adanienterprises Rising Wedge breakout multibaggerstock NIFTY
2
0
chartpattern rectangle wedgepattern adanient adanienterprises risingwedge breakout multibaggerstock nifty
ADANIENT has been consolidating in a rectangle pattern after a very strong uptrend and broke out of it.

It has also been consolidating in rising wedge pattern within the rectangle pattern from which it hasn't given a breakout out yet.
Considering the bullish nature of stock, it is only a matter of time when it will breakout towards 1900 levels.

Enter at the break of the wedge.

Targets: 2100/2250/2500+
sl: below 1673

Position size accordingly post breakout. HAPPY TRADING!
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